# Finance (No. 2) Act 1945, Paragraph 14


In this Schedule, the expression “leasehold interest” includes the interest conferred by an agreement for a lease where the term to be covered by the lease has begun, and the interest conferred by any tenancy, but not the interest conferred by a mortgage:
Provided that, in the application of this Schedule to Scotland, the said expression means the interest of a tenant in property subject to a lease.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/9-10/13/schedule/EIGHTH/paragraph/14 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-1945/schedule-EIGHTH/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.