Reverse premium
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14(1)In the case of the grant, assignation or renunciation of a lease a reverse premium does not count as chargeable consideration.
(2)A “reverse premium” means—
(a)in relation to the grant of a lease, a premium moving from the landlord to the tenant,
(b)in relation to the assignation of a lease, a premium moving from the assignor to the assignee,
(c)in relation to the renunciation of a lease, a premium moving from the tenant to the landlord.