In
the 1988 Act
, before
section 5
insert— Terms of an assured tenancy are of no effect so far as they provide— for a tenancy to be a fixed term tenancy, or for periods of the tenancy to be different from the periods for Terms of an assured tenancy which provide for the rent periods are a period of 28 days or shorter, or a monthly rent period. Those terms may provide for different rent periods at different times Where terms of an assured tenancy are of no effect by virtue of for successive rent periods of one month beginning with the for the rent for each such rent period— to be the amount calculated in accordance with the to be due on the first day of the period. The formula is—
where—
R is the rent that would have been due for the first rent period
of the tenancy under the terms that are of no effect by virtue
of subsection
(3)
;
D is the number of whole days in that period.
For the purposes of this section, terms of an assured tenancy provide
“4A
Assured tenancies to be periodic with rent period not exceeding a
month
(1)
(a)
(b)
which rent is payable (“rent periods”).
(2)
(3)
of no effect unless each rent period is—
(a)
(b)
(4)
during the assured tenancy (but each rent period must be permitted
by subsection
(3)
).
(5)
subsection
(3)
, the tenancy has effect as if it provided—
(a)
first day of the tenancy, and
(b)
(i)
formula in subsection
(6)
, and
(ii)
(6)
(7)
(8)
for “monthly” rent periods if they provide for rent to be payable for
successive periods of one month, disregarding any provision for the
first period to be a different period not exceeding 30 days.”