85Contracts for similar rights to be voidE+W
(1)A provision of a contract is void to the extent that it would do any of these—
(a)confer a right to seize or otherwise take control of goods to recover amounts within subsection (2);
(b)confer a right to sell goods to recover amounts within subsection (2);
(c)modify the effect of section 72(1), except in accordance with subsection (3).
(2)The amounts are any amounts payable—
(a)as rent;
(b)under a lease (other than as rent);
(c)under an agreement collateral to a lease;
(d)under an instrument creating a rentcharge;
(e)in respect of breach of a covenant or condition in a lease, in an agreement collateral to a lease or in an instrument creating a rentcharge;
(f)under an indemnity in respect of a payment within paragraphs (a) to (e).
(3)A provision of a contract is not void under subsection (1)(c) to the extent that it prevents or restricts the exercise of CRAR.
(4)In this section—
“lease” also includes a licence to occupy land;
“rent” and “rentcharge” have the meaning given by section 205(1) of the Law of Property Act 1925 (c. 20).
Commencement Information
I1S. 85 in force at 6.4.2014 by S.I. 2014/768, art. 2(1)(a) (with art. 2(2)-(6))