Payment on variation, assignment or novation of a tenancy
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6(1)A payment is a permitted payment if it is a payment—
(a)to a landlord in consideration of the variation, assignment or novation of a tenancy at the tenant’s request, or
(b)to a letting agent in consideration of arranging the variation, assignment or novation of a tenancy at the tenant’s request.
(2)But if the amount of the payment exceeds the greater of—
(a)£50, or
(b)the reasonable costs of the person to whom the payment is to be made in respect of the variation, assignment or novation of the tenancy,
the amount of the excess is a prohibited payment.