VATLP23300 - Option to tax - anti-avoidance test: what is a 'relevant pre-commencement grant'?

A lease or licence granted between 26 November 1996 and 30 November 1999 was a pre-commencement grant if the agreements had already been formally decided and put into writing. »Ê¹ÚÌåÓýapp aim was to accommodate a situation where a landlord was contractually bound to grant a lease under specific terms and could not therefore vary those terms when granting the lease.

»Ê¹ÚÌåÓýapp law deliberately does not specify what form of agreement is necessary, and you should, for example, accept formal agreements, missives (Scotland) or exchanges of letters.