Section 1 Meaning of “rentcharge”.
For the purposes of this Act “rentcharge” means any annual or other periodic sum charged on or issuing out of land, except—
(a)
rent reserved by a lease or tenancy, or
(b)
any sum payable by way of interest.
For the purposes of this Act “rentcharge” means any annual or other periodic sum charged on or issuing out of land, except—
rent reserved by a lease or tenancy, or
any sum payable by way of interest.