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PART 4LEASES

32Leases

(1)In this Act, “lease” means—

(a)an interest or right in or over land for a term of years (whether fixed or periodic), or

(b)any other interest or right in or over land terminable by a period of notice or by notice at any time (other than a tenancy at will, being an exempt interest by virtue of section 5(1)(c)).

(2)Schedule 6 makes further provision about leases.