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Legislation
Corporation Tax Act 2010

Crossheading New lease treated as ending

  • Section 854 New lease treated as ending
  • Section 855 Position where rent reduces
  • Section 856 Position where lease may be ended
  • Section 857 Position where lease may be varied
  • Section 858 Lease treated as ending: rentcharge
  1. New lease treated as ending
  2. Lease treated as ending: rentcharge

Section 858 | Lease treated as ending: rentcharge

From legislation.gov.uk

(1)Subsection (2) applies if a rentcharge payable by L, or a person linked to L, is secured on all or part of the property subject to the new lease.

(2)For the purposes of sections 855 to 857 the rent payable under the new lease must be treated as equal to the sum of the rentcharge and the rent payable under the lease.

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