# Long Leases (Scotland) Act 2012, Section 2: Further provision about annual rent


(1) This section applies for the purposes of section 1(4)(a) in determining the annual rent payable under a lease.
(2) Subject to subsections (4) to (6), the rent payable under a lease is the rent as set out in a document mentioned in subsection (3).
(3) The documents are—
(a) the lease,
(b) a registered assignation of the lease, or
(c) a registered minute of variation or agreement in relation to the lease.
(4) Where a cumulo rent is payable in relation to two or more leases, the annual rent payable under each lease is deemed to be nil.
(5) Any rent payable under a lease which is expressed wholly or partly in non-monetary terms is, to the extent that it is so expressed, to be left out of account.
(6) Any rent payable under a lease which is variable from year to year is, to the extent that it is so variable, to be left out of account.

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Source: https://www.legislation.gov.uk/asp/2012/9/section/2 (the official version)
Page: https://openlegislation.uk/long-leases-scotland-act-2012/section-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.