BIM41080 - Receipts: reverse premiums: inducements which are not ‘reverse premiums’

Examples of inducements not caught because they do not represent outlay include:

• Granting the tenant a lease at a low rent, or a rent-free period of occupation.
• Replacement by agreement of an existing lease at an onerous rent by a new lease at a lower rent.
• Replacement by agreement of an existing lease with some other provision the tenant has found onerous by a new lease without the onerous condition.