Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 19: Sale and lease-back etc

Chapter 2: New lease of land after assignment or surrender
Section 856: Position where lease may be ended

2538.This section deals with the position where the lease has a provision for early termination. It is based on section 780(2) and (7) of ICTA.