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The remaining legislation is found in the Landlord and Tenant Act 1954 (2 & 3 Eliz. 2. c. 56), which gives rights to business tenants, and the Landlord and Tenant Act 1985 (c. 70) which gives some rights, although fewer, to people renting for the purpose of a home.
Landlord and Tenant Act (with variations) is a stock short title used for legislation about rights and responsibilities of landlords and tenants of leasehold estate in many Canadian provinces and territories, Hong Kong, the United Kingdom and the United States.
A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. [3] [4] The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century.
Section 7(2) provides that the Act came into force at the end of the period of two months that began on the date on which it was passed. The word "months" means calendar months. [4] The day (that is to say, 29 July 1988) on which the Act was passed (that is to say, received royal assent) is included in the period of two months. [5]
In 2010, over a third of the UK was owned by 1,200 families descended from aristocracy, and 15,354 km 2 was owned by the top three land owners, the Forestry Commission, National Trust and Defence Estates. [2] The Crown Estate held around 1,448 km 2. English land law is the law of real property in England and Wales.