Section 140

For the purposes of sections 138 and 139— “lease” includes— “lessee” includes— “lessor” includes— “under-lease” includes an agreement for an under-lease where the under-lessee has become entitled to have his under-lease granted; and “under-lessee” includes any person deriving title under an under-lesse. an original or derivative under-lease; an agreement for a lease where the lessee has become entitled to have his lease granted; and a grant at a fee farm rent, or under a grant securing a rent by condition; an original or derivative under-lessee; the persons deriving title under a lessee; a grantee under a grant at a fee farm rent, or under a grant securing a rent by condition; and the persons deriving title under such a grantee; an original or derivative under-lessor; the persons deriving title under a lessor; a person making a grant at a fee farm rent, or a grant securing a rent by condition; and the persons deriving title under such a grantor;

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Source: legislation.gov.uk · retrieved 2026-08-15