{
  "url": "https://openlegislation.uk/finance-act-2013/schedule-41/paragraph-2",
  "json_url": "https://openlegislation.uk/finance-act-2013/schedule-41/paragraph-2.json",
  "legislation": "ukpga/2013/29",
  "legislation_title": "Finance Act 2013",
  "legislation_url": "https://openlegislation.uk/finance-act-2013",
  "path": "schedule/41/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) In Schedule 17A (further provisions about leases), paragraph 3 (leases that continue after a fixed term) is amended as follows.\n(2) In sub-paragraph (3)—\n(a) after “continuation of the lease” insert “ for a period (or further period) of one year ”, and\n(b) in paragraph (a), for “that term” substitute “ that one year period ”.\n(3) After that sub-paragraph insert—\n“(3A) But no tax or additional tax is payable in respect of a transaction as a result of the continuation of a lease for a period (or further period) of one year under sub-paragraph (2) if, during that one year period, the tenant under the lease is granted a new lease of the same or substantially the same premises in circumstances where paragraph 9A applies.”\n(4) After sub-paragraph (3A) insert—\n“(3B) Sub-paragraph (2) is subject to paragraph 3A.”\n(5) In sub-paragraph (4), for the words from “the day” to the end substitute “ the last day of the one year period for which the lease is continued or (as the case may be) further continued. ”\n(6) After sub-paragraph (5) insert—\n“(6) Where—\n(a) a lease would be treated as continuing for a period (or further period) of one year under sub-paragraph (2), but\n(b) (ignoring that sub-paragraph) the lease actually terminates at a time during that period,\nthe lease is to be treated as continuing under sub-paragraph (2) only until that time; and the references in sub-paragraphs (3) and (4) to that one year period are accordingly to be read as references to so much of that year as ends with that time.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/29/schedule/41/paragraph/2",
    "retrieved_at": "2026-10-29T09:08:06.076240+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}