4(1)Subject to paragraph 3 above and paragraph 5 below, in any case where—E+W
(a)the tenancy concerned was entered into before 1st April 1990 or was entered into on or after that date in pursuance of a contract made before that date, and
(b)the landlord’s notice under section 25 or, as the case may be, section 26(6) is given before 1st April 2000, and
(c)within the period referred to in section 29(3) for the making of anapplication under section 24(1), the tenant gives notice to the landlord that he wants the special basis of compensation provided for by this paragraph,
the amendments made by paragraph 2 above shall not have effect and section 37 shall, instead, have effect with the modification specified in sub-paragraph (2) below.
(2)The modification referred to in sub-paragraph (1) above is that the date which is relevant for the purposes of determining the rateable value of the holding under subsection (5) of section 37 shall be 31st March 1990 insteadof the date on which the landlord’s notice is given.