Descriptions of exempted premises
This section has no associated Explanatory Memorandum
4. For the purposes of these Regulations, a local authority has a relevant property interest in premises if that local authority—
(a)is for the time being entitled to dispose of the fee simple in the premises, whether in possession or in reversion, or
(b)holds or is entitled to the rents and profits of the premises under a lease which (when granted) was for a term of not less than 3 years.