Paragraph 7

In this Schedule—

• “incumbrances” includes personal liabilities attaching in respect of the ownership of land or an interest in land though not charged on the land or interest; and

• “tenant’s incumbrance” means—

  1. (a)

     an incumbrance on the tenancy which is also an incumbrance on the reversion, and

  2. (b)

     an interest derived, directly or indirectly, out of the tenancy.