1348. Effect of notification by assignee, person electing to participate or personal representatives.

Where the nominee purchaser1 receives a notification2, he must, within the period of 28 days beginning with the date of receipt of the notification, give a notice3 to the reversioner4 in respect of the specified premises5 and give a copy of that notice to every other relevant landlord6.

Such a notice is a notice stating:

  1.  

    (1)     in the case of a notification of an assignment7:

    1.  

      (a)     the date of the assignment and the name and address of the assignee;

    2.  

      (b)     that the assignee has or, as the case may be, has not become a participating tenant8; and

    3.  

      (c)     if he