[Part 5 Termination and Modification of Agreements]

[Part 5 Termination and Modification of Agreements]

[Introductory

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This Part of this code makes provision about—

(a)     the continuation of code rights after the time at which they cease to be exercisable under an agreement,

(b)     the procedure for bringing an agreement to an end,

(c)     the procedure for changing an agreement relating to code rights, and

(d)     the arrangements for the making of payments under an agreement whilst disputes under this Part are resolved.

Application of this Part

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(1)     This Part of this code applies to an agreement under Part 2 of this code, subject to sub-paragraphs (2) to (4).

(2)     This Part of this code does not apply to a lease of land in England and Wales if—

(a)     its primary purpose is not to grant code rights, and

(b)     it is a lease to which Part 2 of the Landlord and Tenant Act 1954 (security of tenure for business, professional and other tenants) applies.

(3)     In determining whether a lease is one to which Part 2 of the Landlord and Tenant Act 1954 applies, any agreement under section 38A (agreements to exclude provisions of Part 2) of that Act is

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