000 01050cab a2200193 4500
001 ##L131129
008 051003n2005 000 0 eng u
035 _a(Sirsi) u131129
041 0 _aeng
100 1 _aMurdoch, Sandi
245 0 0 _aTurning over VAT
260 3 _c2005
490 0 _aEstates Gazette
_v(0538) 24 September 2005, 141(1)
520 _aDiscusses the inclusion of VAT in the calculation of turnover rents following the successful appeal in "Debenhams Retail plc and another v Sun Alliance and London Assurance Co Ltd" ([2005] EWCA Civ 868, L130503). In this case involving a very long retail lease CA construed the lease so that the turnover figure included VAT. Suggests that whether turnover includes VAT depends upon the wording of the lease as taken in its true commercial context.
590 _aIKA111005
650 2 4 _aDEBENHAMS RETAIL PLC V SUN ALLIANCE AND THE LONDON ASSURANCE CO LTD
690 _aPROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT-COMMERCIAL LEASES
942 _n0
999 _c75959
_d75959