1178. Tenancies granted by way of renewal; concurrent tenancies.

Where the tenant of any property1 under a long tenancy2 at a low rent3, on the coming to an end of that tenancy, becomes or has become tenant of the property or part of it under another tenancy, whether by express grant or by implication of law, then the later tenancy is deemed4 to be a long tenancy irrespective of its terms (including the duration of the tenancy)5.

Where the tenant of any property under a long tenancy, on the coming to an end of that tenancy, becomes or has become tenant of the property or part of it under