Recall of exemption
67Recall of exemption
(1)This section applies in relation to a lease where—
(a)the lease is an exempt lease (other than by virtue of section 64), and
(b)the tenant under the lease executes and registers a notice in the prescribed form (referred to in this Act as a “recall notice”).
(2)On the day on which the recall notice is registered (“the registration day”) the lease ceases to be an exempt lease.
(3)Where the registration day—
(a)is less than 6 months before the appointed day,
(b)is the appointed day, or
(c)is after the appointed day,
this Act applies as if the appointed day were the first Whitsunday or (as the case may be) Martinmas occurring on or after the day which falls 6 months after the registration day.
(4)Section 56 does not apply in relation to the lease.