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4(1)In subsection (2) of section 37 of the Landlord and Tenant Act 1954 (compensation where order for new tenancy precluded on certain grounds) the words " the product of the appropriate multiplier and " shall be inserted after the word " be " in paragraphs (a) and (b).
(2)The following subsections shall be added after subsection (7) of that section: —
“(8)In subsection (2) of this section " the appropriate multiplier" means such multiplier as the Secretary of State may by order made by statutory instrument prescribe.
(9)A statutory instrument containing an order under subsection (8) of this section shall be subject to annulment in pursuance of a resolution of either House of Parliament.”.
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