Economic Crime (Transparency and Enforcement) Act 2022: commercial lease clauses | Practical Law
Clauses for insertion into the grant of a lease of commercial property (which is a "new" lease for the purpose of the Landlord and Tenant (Covenants) Act 1995) where: (a) the lease will be granted for a term of more than seven years from the date of grant; and (b) there is either an overseas entity landlord (whose title is registered and the landlord was registered as proprietor on or after 1 January 1999) or an overseas entity tenant (or both). In these circumstances, registration of the lease will be caught by the Economic Crime (Transparency and Enforcement) Act 2022 (ECTEA 2022) regime.