For the purposes of stamp duty land tax1, 'lease' means either an interest in or right over land for a term of years (whether fixed or periodic), or a tenancy at will or other interest in or right over land terminable by notice at any time2.
In the application of the stamp duty land tax provisions3 to a lease for a fixed term, no account is taken of any contingency as a result of which the lease may be determined before the end of the fixed term, or of any right of either party to determine the lease or renew
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