Section 127 of the 1977 Act shall have effect and be deemed always to have had effect as if for paragraph (c) of subsection (2) there were substituted the paragraph set out in subsection (2) below and at the end of subsection (5) there were added the words set out in subsection (3) below.
The substituted paragraph is—
The added words are " and for the purposes of subsections (2)(c) and (3B)(d) above the terms of a tenancy inhibit an assignment or underletting if they—"
(a) preclude it ; or
(b) permit it subject to a consent but exclude section 144 of the Law of Property Act 1925 (no payment in nature of fine) ; or
(c) permit it subject to a consent but require in connection with a request for consent the making of an offer to surrender the tenancy.
After subsection (3) of section 127 there are inserted the following subsections—