# Companies Act 1948, Paragraph 24


Where any property to be acquired by the company is to be taken on lease, this Schedule shall have effect as if the expression “vendor ” included the lessor, and the expression “purchase money ” included the consideration for the lease, and the expression “sub-purchaser ” included a sub-lessee.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/schedule/FOURTH/paragraph/24 (the official version)
Page: https://openlegislation.uk/companies-act-1948/schedule-FOURTH/paragraph-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.