SCHEDULE 13Charities relief
Withdrawal of relief
I17
A lease—
a
is granted “at a premium” if there is consideration other than rent, and
b
is a “low-rental” lease if the annual rent (if any) is less than £1,000 a year.
A lease—
is granted “at a premium” if there is consideration other than rent, and
is a “low-rental” lease if the annual rent (if any) is less than £1,000 a year.