This section applies in relation to any interest or right created by the authority under section 107(3)(c).
For the purposes of any enactment or rule of law—
despite the fact that the authority have no legal estate in the premises (see section 107(5)(a)).
Any enactment or rule of law relating to landlords and tenants or leases accordingly applies in relation to any interest created by the authority under section 107(3)(c)(i) as if the authority were the legal owner of the premises.
References to leases and licences—
accordingly include (where the context permits) interests and rights created by the authority under section 107(3)(c).
The preceding provisions of this section have effect subject to—
In section 107(5)(b) the reference to leasing does not include the creation of interests under section 107(3)(c)(i).
In this section—
"enactment" has the meaning given by section 107(11);
"legal lease" means a term of years absolute (within section 1(1)(b) of the Law of Property Act 1925 (c. 20)).