Section 862 Lease, lessee, lessor and rent

(1)

This section applies for the purposes of this Chapter.

(2)

“Lease” includes—

(a)

an agreement for a lease, and

(b)

any tenancy.

(3)

“Lease” does not include a mortgage.

(4)

A reference to a lessee or lessor—

(a)

is to be read in accordance with subsections (2) and (3), and

(b)

includes a reference to the successors in title of a lessee or lessor.

(5)

“Rent” includes a payment by a tenant for work to maintain or repair leased premises which the lease does not require the tenant to carry out; and “premises” here includes land.

Notes on Chapter 2

Modifications

C1: Pt. 19 Ch. 2 applied by 2007 c. 3, s. 681BD(4) (as inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 4 para. 3 (with Sch. 9 paras. 1-9, 22))