(1)Whenever in any lease made under this Act the lessee employs any of the forms of words contained in column one of Schedule 10 to this Act and distinguished by any number in that column, the lease shall be taken to have the same effect and be construed as if he or she had inserted in it the form of words contained in column two of that Schedule and distinguished by the corresponding number; and every such form shall be deemed a covenant with the lessor and his or her transferees by the lessee binding the latter and his or her executors, administrators and transferees; but it shall not be necessary in any such lease to insert any such number.

(2)There may be introduced into or annexed to any of the forms in the first column of Schedule 10 to this Act any express exceptions from or express qualifications thereof respectively; and the like exceptions or qualifications shall be taken to be made from or in the corresponding forms in the second column of that Schedule.