234.Section 140 provides that business tenants (who must also meet the residence condition in section 140 above) do not qualify for the right to enfranchise unless they were granted a lease with an original term of more than 35 years, or the lease contained a covenant or obligation for renewal which has been exercised to make the total of the term more than 35 years.
Commentary on the Sections: Part 1 Qualifying rules Section 140: Exclusion of certain business tenancies