# Finance Act 1931, Section 32: General definitions.


In this Part of this Act, except where the context otherwise requires, the following expressions have the meanings hereby respectively assigned to them, that is to say—
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
“Lease” includes an underlease or other tenancy and an agreement for a lease, underlease or tenancy, but does not include a mortgage; and “lessee” and “grant” have corresponding meanings:
. . .
“Minerals” includes all minerals and substances in or under land of a kind ordinarily worked for removal by underground or by surface working:
. . .
“Mortgage” has the same meaning as in the Law of Property Act 1925:
. . .

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Source: https://www.legislation.gov.uk/ukpga/Geo5/21-22/28/section/32 (the official version)
Page: https://openlegislation.uk/finance-act-1931/section-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.