Section 862 — Corporation Tax Act 2010: Lease, lessee, lessor and rent

Lease, lessee, lessor and rent 862 1 This section applies for the purposes of this Chapter. 2 “ Lease ” includes—

a an agreement for a lease, and b any tenancy. 3 “ Lease ” does not include a mortgage.

4 A reference to a lessee or lessor—

a is to be read in accordance with subsections (2) and (3),

and b includes a reference to the successors in title of a lessee or lessor. 5 “ Rent ” includes a payment by a tenant for work to maintain or repair leased premises which the lease does not require the tenant to carry out; and “premises” here includes land.