151 Excluding security

E: LETTINGS CONFERRING NO SECURITY OF TENURE

1: EXCLUSION OF SECURITY

151 Excluding security

The consequences to a landowner of the grant of a tenancy in terms of the devaluation of the freehold, the fiscal consequences of a letting, the extent of security of tenure (in some instances extending to two subsequent generations of the tenant) and the loss of control generally of the land were such that, prior to the enactment of the Agricultural Tenancies Act 19951, many landowners considered alternative arrangements for the occupation of agricultural land, not involving the creation of a tenancy or, at