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3.—(1) In section 24(1)(1) (continuation of business tenancies), for the words “provisions of section twenty-nine of this Act, the tenant under such a tenancy may apply to the court for” substitute the words “following provisions of this Act either the tenant or the landlord under such a tenancy may apply to the court for an order for the grant of”.
(2) Insert the following subsections after section 24(2)—
“(2A) Neither the tenant nor the landlord may make an application under subsection (1) above if the other has made such an application and the application has been served.
(2B) Neither the tenant nor the landlord may make such an application if the landlord has made an application under section 29(2) of this Act and the application has been served.
(2C) The landlord may not withdraw an application under subsection (1) above unless the tenant consents to its withdrawal.”.
Section 24(1) was amended by section 3(2) of the Law of Property Act 1969 (c. 59).
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