1353. Effect of notice following resignation or death of nominee purchaser.

If:

  1.  

    (1)     the participating tenants1 are required to give a notice following the resignation or death of the nominee purchaser2; and

  2.  

    (2)     as a result of the resignation or death there is no nominee purchaser for the time being,

the running of any period which:

  1.  

    (a)     is prescribed3 for the giving of any other notice or the making of any application; and

  2.  

    (b)     would otherwise expire during the period beginning with the relevant date