The court considered the effect in VAT on a ‘virtual assignment’ of a lease.
Judges:
May LJ, Jonathan Parker LJ
Citations:
[2006] EWCA Civ 886, [2006] 3 EGLR 153, [2006] STC 1961
Links:
Jurisdiction:
England and Wales
Citing:
Appeal from – Abbey National Plc v Customs and Excise ChD 6-May-2005
. .
Cited by:
Cited – Clarence House Ltd v National Westminster Bank Plc ChD 23-Jan-2009
The claimant landlord alleged that the defendant tenant had transferred the lease under a ‘virtual assignment’ and that this was in breach of its lease.
Held: The Abbey National case was not helpful. However, the arrangement was not a breach . .
Cited – Clarence House Ltd v National Westminster Bank Plc CA 8-Dec-2009
The defendant tenants, anticipating that the landlord might delay or refuse consent to a subletting entered into a ‘virtual assignment’ of the lease, an assignment in everything but the deed and with no registration. The lease contained a standard . .
Lists of cited by and citing cases may be incomplete.
VAT, Landlord and Tenant
Updated: 21 October 2022; Ref: scu.242902