281 Sums payable for variation or waiver of [terms] of lease
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

281  Sums payable for variation or waiver of [terms] of lease

(1)     This section applies if—

(a)     a sum becomes payable by the tenant (otherwise than by way of rent) as consideration for the variation or waiver of a term of a lease,

(b)     the sum is due to the landlord or a person who is connected with the landlord, and

(c)     the period for which the variation or waiver has effect is 50

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