Section 118 Transfer to another secure contract-holderI1

(1)

The contract-holder under a secure contract under which the landlord is a community landlord may transfer the contract as described in this section, but only if the landlord consents.

(2)

The contract-holder may transfer the contract to a person who—

(a)

before the transfer is a contract-holder under a secure contract under which the landlord is a community landlord, and

(b)

immediately before the transfer will cease to be the contract-holder under the contract mentioned in paragraph (a).

(3)

This section is a fundamental provision which is incorporated as a term of all secure contracts under which the landlord is a community landlord.

Annotations

Commencement

I1: S. 118 in force at 1.12.2022 by S.I. 2022/906, art. 2