This Act may be cited as the Rent Restriction Continuance Act, 1927, and shall be deemed to have come into force on the first day of August, nineteen hundred and twenty-seven.

Part I of the War Legislation Amendment Act, 1916, and the several amendments thereof, in so far as those enactments are now in force, shall continue in force until the first day of May, nineteen hundred and twenty-eight.

Section two of the Rent Restriction Act, 1926, is hereby repealed.

The Rent Restriction Act, 1926, is hereby amended as follows:—

Notwithstanding anything to the contrary in section three of the Rent Restriction Act, 1926, the amendments and repeals made by that section of the several enactments mentioned in the First and Second Schedules to that Act shall be deemed not to have taken effect as from the first day of August, nineteen hundred and twenty-seven, as provided in that section, but they shall take effect as from the first day of May, nineteen hundred and twenty-eight, in accordance with the amendment effected by paragraph (a) of the last preceding section:

Provided that every order made by a Stipendiary Magistrate after the said first day of August, nineteen hundred and twenty-seven, and before the passing of this Act, fixing the standard rent of any dwelling-house, or of any room or other part thereof, shall have force and effect according to its tenor:

Provided further that no action or other proceedings shall lie against the landlord of any dwellinghouse for the recovery of or otherwise in respect of any rent charged in excess of the standard rent for any period between the said first day of August, nineteen hundred and twenty-seven, and the date of the passing of this Act unless an order in relation to that dwellinghouse was in force under section four of the Rent Restriction Act, 1926, for the period in respect of which such rent was charged.

Where a landlord has entered into a binding contract for the sale of the freehold of a dwellinghouse (whether alone or together with other lands) he shall be entitled, without notice of determination of the tenancy, to apply to a Stipendiary Magistrate for an order for possession of the dwellinghouse, and if the Magistrate upon the hearing of such application is satisfied that such contract effects a real and genuine sale the landlord shall be entitled to an order for the recovery of possession of the dwellinghouse at such date (being a date not later than three months from the date of the hearing) as the Magistrate under all the circumstances of the case deems it just to appoint.

The right to recover possession of a dwellinghouse conferred by this section shall be in addition to all other such rights conferred by Part I of the War Legislation Amendment Act, 1916, and the several amendments thereof.