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A Farm Business Tenancy (FBT) is a business tenancy under the Agricultural Tenancies Act 1995. A tenancy of agricultural land granted on or after 1 September 1995 (the commencement date of the Act) will be an FBT where all or part of the land is used for trade or business throughout the tenancy, and the character of the tenancy is primarily or wholly agricultural or the parties have exchanged notices in prescribed form prior to the tenancy confirming that it is to be an remain an FBT. Agriculture is defined as including horticulture, fruit growing, seed growing, dairy farming and livestock breeding and
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A wayleave agreement is a form of agreement between a landowner and a utility supply company allowing the latter to place equipment on or through the land for the purpose of providing power supply apparatus, such as cabling, pylons or other necessary items. Ordinarily, the landowner will receive a payment by way of compensation in return for the right. Wayleaves are regulated by the Electricity Act 1989, among other statutes (in respect of other utilities such as water, gas and broadband) and will either be contractual or compulsorily granted by the Secretary of State where the requirements for a necessary
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Stamp duty land tax (SDLT) is generally calculated by reference to the chargeable consideration given for the subject matter of a chargeable transaction, directly or indirectly, by the buyer or a person connected with the buyer. This is subject to market value charges that apply in certain circumstances. For further details of the market value rules, see Practice Note: SDLT chargeable consideration. Chargeable consideration has a particular meaning for SDLT purposes. Chargeable consideration includes not only money or money’s worth but also other means
Q&As
Notice requirements in respect of excavations are outlined in section 6 of the Party Wall etc Act 1996 (PWA 1996), and in particular, they deal with excavations which are within between three and six metres of an adjoining property.. Dealing firstly with the matter of 'special foundations', these are defined in PWA 1996, s 20 as: '…foundations in which an assemblage of beams or rods is employed for the purpose of distributing any load'. If the foundations meet the above definition they require the adjoining owner's prior consent in writing. Clearly this
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This is potentially a serious matter and it may be advisable to gain specific legal advice. In short, a number of potential matters arise, which include: • there could be a regulatory inquiry by the Office of the Scottish Charity Regulator (OSCR) exploring the misapplication of funds, which might also impact on the charity trustees themselves. The OSCR is likely to explore key issues such as whether there was proper governance in place and how the funds
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Charging by an attorney An attorney appointed under a property and affairs LPA in accordance with sections 9 to 14 and Schedule 1 to the Mental Capacity Act 2005 (MCA 2005) has the power to do almost anything that the donor could do regarding their property and affairs. The authority conferred by any LPA, both property and affairs and personal welfare (MCA 2005, s 9(1)), is subject to the provisions of MCA 2005 particularly section 1 (the principals) and section 4 (best interests) and any conditions or restrictions specified in the LPA itself: MCA 2005, s 9(4). See Practice Note: LPAs—the attorney's duties and powers. An attorney can claim expenses for carrying
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Renunciation of probate by partners Rule 37(2A) of the Non-Contentious Probate Rules 1987, (NCPR 1987) SI 1987/2024 (SI 1987/2024, r 37(2A) provides that any two partners in a firm of solicitors or any other trading partnership may renounce probate on behalf of and with the authority of the other partners, where all the partners were appointed executors and/or residuary legatees and devisees in trust. Following the decision in Re Rogers (deceased), renunciation must be effected by equity partners in the firm of solicitors (they being the only partners entitled to probate). Where the solicitors have become a limited liability partnership or have incorporated, the renunciation may be effected by any two members or directors as appropriate. The Precedent: Renunciation of probate by equity
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The Local Planning Authority (LPA) in this situation may be relying on the judgment in R v Coventry City Council Ex p Arrowcroft Group Plc, which is sometimes cited to refuse an application under section 73 of the Town and Country Planning Act 1990 (TCPA 1990) which seeks to amend conditions which would be inconsistent with the description of development authorised by the original permission. In Arrowcroft, the court held that LPAs can only impose different conditions upon a new planning permission under TCPA 1990, s 73 if they are conditions which the LPA could lawfully have
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The drafting of the definition of a disposal in the right of pre-emption will dictate what is included as a trigger. The definition of the trigger event should be clearly defined. From the buyer/landlord’s perspective, the definition of a disposal triggering the right of pre-emption
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A contractual option to take a lease for a further term is a ‘call’ option. It confers a unilateral right on the tenant to call for a renewal lease (often subject to conditions precedent such as all rents being paid up to date and the tenant not being in material breach of covenant). There is no obligation on the tenant to exercise their right, but if they do, the landlord is bound