Solicitors Qualifying Examination (SQE) Practice Exa\

The primary effect of the 1954 Act on leases, particularly in the context of commercial leases, is that the terms of the lease will continue until they are terminated as per the Act's provisions. This legislation is designed to provide security of tenure for business tenants, meaning that they cannot be evicted at the end of their lease term without following specific procedures set out in the Act. This ensures that tenants have the right to remain in their premises and can apply for a renewal of their lease under certain conditions.

The Act imposes regulations on how leases can be terminated and provides tenants with a degree of protection against arbitrary eviction. It establishes clear procedures that landlords must follow to terminate a lease and also gives tenants the right to contest any refusal to renew the lease. Therefore, the relationship between landlords and tenants is more stable under this Act, which reinforces the continuity of leases unless specific legal criteria are met for their termination.