# Long Leases (Scotland) Act 2012, Section 66: Subleases of exempt leases


A sublease of an exempt lease is an exempt lease if—
(a) it would have been converted on the appointed day into a right of ownership under section 4(1)(a), had the sublease been registered immediately before the appointed day, and
(b) it is registered (before, on or after the appointed day).

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Source: https://www.legislation.gov.uk/asp/2012/9/section/66 (the official version)
Page: https://openlegislation.uk/long-leases-scotland-act-2012/section-66
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.