Commentary on the Sections: Part 1 Qualifying rules Section 117: Qualifying leases
205.Section 117 amends the definition of qualifying tenant in section 5(1) of the 1993 Act to remove the current requirement that the tenant’s long lease should be at a low rent or for a particularly long term (i.e. over 35 years). Subsection (2) amends section 69(1)(b) of the 1993 Act to ensure that it continues to be possible to request consent for the making of an application for the approval of an estate management scheme in connection with acquisitions under Chapter 1 of Part 1 of the 1993 Act.