A stand for new art (5)

I believe the answer is:

easel

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'a stand' is the definition.
(stand for an artist's canvas)

I can't explain the remainder of the clue.

(Other definitions for easel that I've seen before include "Artist's wooden frame" , "board support" , "Supporter for the artist" , "Lease (anag)" , "Three-legged supporting frame" .)

I've seen this clue in the Evening Standard.

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