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[1977] SLYRB 153 (HL). The Trust was set up by a local authority to manage the allocation of subsidised housing in the area. The question arose whether a tenant of such housing had a Lease, and could therefore rely on the protection afforted to leasees by the law but denied to mere licencees. It was held that the Trust itself did not have a lease, but it could nevertheless grant leases to its tenants. Although the reason for coming to this decision is clear, it is odd nonetheless: the orthodox view is that a lease is an estate in land, created out of some superiour estate. A licence is not an estate in land at all, so it is not clear how a lease can be granted out of it.