Schedule 5, Part 1, paragraph 9(6)

In sub-paragraph (5)(a), “owner” means the person who— but does not include a mortgagee not in possession. is receiving the rack-rent of the land, whether on the person's own account or as agent or trustee for another person, or would receive the rack-rent if the land were let at a rack-rent,

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Source: legislation.gov.uk · retrieved 2026-07-30