The parties had negotiated for a lease to a company with the directors acting as guarantors. Approval was obtained through the court to it being excluded from protection. The lease when actually executed had the directors substituted as tenants. They now claimed that they were secure tenants because the lease differed from that granted exclusion.
Held: All the parties knew full well that the lease was intended not to be protected. The Act need not be interpreted too technically. The lease was not protected.
Citations:
[2004] 21 EG 150
Statutes:
Jurisdiction:
England and Wales
Landlord and Tenant
Updated: 13 May 2022; Ref: scu.216572