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Legislation
Income Tax Act 2007

Crossheading New lease treated as ending

  • Section 681BE New lease treated as ending
  • Section 681BF Position where rent reduces
  • Section 681BG Position where lease may be ended
  • Section 681BH Position where lease may be varied
  • Section 681BI Lease treated as ending: rentcharge
  1. New lease treated as ending
  2. Position where lease may be ended

Section 681BG | Position where lease may be ended

From legislation.gov.uk

(1)This section applies if under the new lease the lessor, or L or a person linked to L, has power to end the lease before the end of the term for which it was granted.

(2)The term of the lease must be treated as ending on the earliest date with effect from which the lessor, or L or a person linked to L, could end the lease by exercising the power.

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