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Long Leases (Scotland) Act 2012
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- Deddfau Senedd yr Alban
- 2012 asp 9
- Part 5
- Types of exempt lease
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Rhagor o Adnoddau
Changes over time for: Cross Heading: Types of exempt lease
Alternative versions:
- 28/11/2013- Amendment
- 21/02/2014- Amendment
- 21/02/2014
Point in time
Status:
Point in time view as at 21/02/2014.
Changes to legislation:
There are currently no known outstanding effects for the Long Leases (Scotland) Act 2012, Cross Heading: Types of exempt lease.
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Types of exempt leaseS
63Exemption of qualifying lease by registration of noticeS
A lease is an exempt lease if—
(a)it is a qualifying lease, and
(b)the tenant under the lease, not later than 2 months before the appointed day, executes and registers a notice in the prescribed form (referred to in this Act as an “exemption notice”).
Commencement Information
I1S. 63(a) in force at 21.2.2014 by S.S.I. 2013/322, art. 3(e)
I2S. 63(b) in force at 28.11.2013 for specified purposes by S.S.I. 2013/322, art. 2(m), Sch.
I3S. 63(b) in force at 21.2.2014 in so far as not already in force by S.S.I. 2013/322, art. 3(e)
64Exemption of qualifying lease by registration of agreement or orderS
(1)A lease is an exempt lease if—
(a)it is a qualifying lease,
(b)it is not a lease in relation to which cumulo rent is payable, and
(c)the landlord, not later than 2 months before the appointed day, registers against the title of the tenant—
(i)an agreement entered into with the tenant, or
(ii)an order made by the Lands Tribunal under section 69.
(2)The agreement must—
(a)be in the prescribed form,
(b)be signed by or on behalf of the landlord and the tenant,
(c)state either—
(i)that the annual rent payable under the lease immediately before the appointed day will be over £100, or
(ii)that the annual rent paid under the lease was over £100 at any point during the relevant period.
(3)The relevant period is the period of 5 years ending on the day the Bill for this Act received Royal Assent.
Commencement Information
I4S. 64(1)(2)(b)(2)(c)(3) in force at 21.2.2014 by S.S.I. 2013/322, art. 3(e)
I5S. 64(2)(a) in force at 28.11.2013 for specified purposes by S.S.I. 2013/322, art. 2(m), Sch.
I6S. 64(2)(a) in force at 21.2.2014 in so far as not already in force by S.S.I. 2013/322, art. 3(e)
65Certain leases registered near or after the appointed dayS
A lease is an exempt lease if—
(a)it is not registered on the day falling 1 year before the appointed day,
(b)it would, had it been so registered, have been converted on the appointed day into a right of ownership under section 4(1)(a),
(c)despite not being registered, it constitutes a real right in land, and
(d)it is subsequently registered (whether before, on or after the appointed day).
Commencement Information
I7S. 65 in force at 28.11.2013 by S.S.I. 2013/322, art. 2(f)
66Subleases of exempt leasesS
A sublease of an exempt lease is an exempt lease if—
(a)it would have been converted on the appointed day into a right of ownership under section 4(1)(a), had the sublease been registered immediately before the appointed day, and
(b)it is registered (before, on or after the appointed day).
Commencement Information
I8S. 66 in force at 28.11.2013 by S.S.I. 2013/322, art. 2(f)
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