26. Pursuant to an application made under paragraph b of paragraph 2 of section 24, the administrator must extend the lease and fix the rent exigible in respect of the extended term.
However, the application for an extension must be denied when the administrator grants an application made under section 34, 39, 41, 43, 44 or 45 or when he has authorized the registration of a declaration of co-ownership under section 42 except in the case of subsection 6 of the said section.
The administrator may extend the lease for any period he deems fair and just to the parties but not longer than one year.
He shall rule, if such is the case, on the application of the owner to change any condition of the lease other than the rent.
1951-52, c. 17, s. 6; 1973, c. 75, s. 4; 1974, c. 76, s. 5; 1975, c. 84, s. 9; 1977, c. 76, s. 3.