A landlord under a long lease of a dwelling may not exercise a right of re-entry or forfeiture for failure by a tenant to pay an amount consisting of rent, service charges or administration charges (or a combination of them) ("the unpaid amount") unless the unpaid amount—
The sum prescribed under subsection (1)(a) must not exceed £500.
If the unpaid amount includes a default charge, it is to be treated for the purposes of subsection (1)(a) as reduced by the amount of the charge; and for this purpose "default charge" means an administration charge payable in respect of the tenant's failure to pay any part of the unpaid amount.
In this section "long lease of a dwelling" does not include—
In this section—
"administration charge" has the same meaning as in Part 1 of Schedule 11,
"dwelling" has the same meaning as in the 1985 Act,
"landlord" and "tenant" have the same meaning as in Chapter 1 of this Part,
"long lease" has the meaning given by sections 76 and 77 of this Act, except that a shared ownership lease is a long lease whatever the tenant's total share,
"prescribed" means prescribed by regulations made by the appropriate national authority, and
"service charge" has the meaning given by section 18(1) of the 1985 Act.