For the purposes of determining the matters in subsection (2), a tenancy or licence which existed immediately before the appointed day is to be treated as if it were made on the appointed day.
The matters are—
Subsections (4) to (7) apply to a tenancy or licence which becomes an occupation contract on the appointed day.
The fundamental provisions applicable to the contract are incorporated as terms of the contract.
The existing terms of the contract continue to have effect, except to the extent that they—
The supplementary provisions applicable to the contract are incorporated as terms of the contract, except to the extent that they are incompatible with the existing terms of the contract.
This section is subject to Schedule 12 (which makes further provision about existing tenancies and licences, modifies the application of this Act, and includes a fundamental provision incorporated into certain standard contracts).