764. Dwelling houses with high rateable value.

Where a premium1 was lawfully2 required and paid on the grant, renewal or continuance3 or on the assignment4 of a regulated tenancy5 which was granted before 8 March 1973 and which would not have been a regulated tenancy but for the increase6 in the rateable value limits for the purpose of the definition of a protected tenancy7, nothing in the statutory prohibition of premiums8 prevents any person from requiring or receiving, on an assignment of the tenancy, the specified fraction of the premium9. However, this entitlement is without prejudice to that person's right to require or receive a greater