The law around tenanted agricultural land has a long history of reform, of which the latest stage is the Farm Business Tenancy (FBT), established by the Agricultural Tenancies Act 1995, which (with some limited exceptions) applies to all agricultural tenancies created since 1 September 1995. The leasing of agricultural land has always been governed by specific legislation and is quite separate from the law governing general business leases, the Landlord & Tenant Act 1954, which explicitly excludes agricultural and farm business leases. However, as farms increasingly seek to diversify into distinctly commercial areas of operation, such as leasing converted farm buildings as business units, we are increasingly seeing farming businesses operating business leases alongside their agricultural tenancy arrangements.