Regulation 5 Meaning of “lease”
For the purposes of section 31AE of the Act—
-
“lease” includes a tenancy, sub-lease or sub-tenancy and an agreement for a lease, tenancy, sub-lease or sub-tenancy;
-
“sub-lease” means any sub-term created out of, or deriving from, a leasehold interest; and
-
“sub-tenancy” means any tenancy created out of, or deriving from, a superior tenancy.