This provision provides that when a fixed term assured tenancy expires and it becomes a periodic tenancy according to section 5 of the Housing Act 1988, it is to be treated as a single assured tenancy for the purpose of certain provisions – called "relevant provisions" in the section. This provision means that the new tenancy system will apply to the tenancy when it becomes a periodic tenancy, but it is not to be treated as a new tenancy starting at the expiry of the fixed term.
Part 5: General Section 147: Fixed term assured tenancy and statutory periodic tenancy to be treated as single assured tenancy Background