S5(5A), Housing Act 1988 refers to rights "of pre-emption":
(5A)Nothing in subsection (5) affects any right of pre-emption—
(a)which is exercisable by the landlord under a tenancy in circumstances where the tenant indicates his intention to dispose of the whole of his interest under the tenancy, and
(b)in pursuance of which the landlord would be required to pay, in respect of the acquisition of that interest, an amount representing its market value. “ Dispose ” means dispose by assignment or surrender, and “ acquisition ” has a corresponding meaning.
What types of rights or scenarios does this section envision or cover? Simply, what is the meaning of this section?
The explanatory notes mention shared ownership leases, but the provision itself does not seem to confine itself to such scenarios, but is perhaps rather more general. Does S5(5A) have effect in other more common types of PRS AST types of arrangements that do not entail shared ownership?