000			01520cab a2200193 4500
001			ABS23461
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u17152
041			_aeng
245			_aEquity & Law Life Assurance Society PLC v Bodfield Ltd
260			_c1987
350			_a0
490			_aEstates Gazette _v281 (6327) 28 March 1987, 1448-1452 (3)
520			_aCA 19 March 1987. Appeal by tenant from decision in favour of landlords regarding the true construction of a rent review clause . As guidance, the court considered British Gas Corporation v Universities Superannuation Scheme (Abstract 36103). In the present case the rent review provisions included a formula with the unusual feature that a discount on the "net rental value" was allowed to the tenants. This was defined as the best open market rent on the assumption that the hypothetical lease should be on the same terms as the actual lease, "other than as to duration and rent". At issue was whether this reference to rent required that the terms as to future rent reviews contained in the existing lease should be included in the hypothetical lease. The landlords contended that the hypothetical lease should contain no rent review provisions and the previous judge agreed. The tenants appealed. CA affirmed previous decision, holding that provisions relating to discount from the net rent cou
650			_aCONSTRUCTION OF CLAUSE
690			_aLANDLORD AND TENANT-CASE LAW-RENT REVIEWS
942			_n0
948			_c04/03/1997
999			_c11373 _d11373