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Paragraph 14 Consequences of termination

Original text. Later amendments are not shown.

(1)

Provision that if the tenancy contract is terminated as provided for under paragraph 7(1)(b), 13(2) or 13(3) or sub-paragraph (2)(a) or (b), or in accordance with condition 10.1(b)—

(a)

the tenancy contract is terminated with immediate effect from the date of the notice to terminate and none of the parties has any further rights or obligations under the tenancy contract except for—

(i)

the rights of any party in respect of any earlier breach of the tenancy contract, and

(ii)

the obligations in this paragraph and paragraph 16(c) which continue in force notwithstanding the termination of the tenancy contract, and

(b)

the tenant must immediately return any documents it received from the landlord.

(2)

Provision that—

(a)

if the tenant fails to complete in accordance with a notice to complete, the landlord may rescind the contract,

(b)

if the landlord fails to complete in accordance with a notice to complete, the tenant may rescind the contract,

(c)

if either party rescinds the contract, the provision made under this paragraph is to apply, and

(d)

conditions 10.2, 10.5, and 10.6 do not apply in relation to the tenancy contract.