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Finance Act 2013

Commencement

17.Paragraph 8 provides that the amendments made by paragraphs 1 to 7 will have effect from the date on which Finance Bill 2013 receives the Royal Assent:

  • The abolition of the rules on abnormal rent increases will apply to any increases on or after that date.

  • The changes to the rules on fixed term leases will apply where the period of continuation begins on or after that date.

  • The amendments concerning substantial performance will apply where the effective date of the actual lease is on or after that date.

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