F1SCHEDULE 2AADDITIONAL AMOUNT: TRANSACTIONS RELATING TO SECOND HOMES ETC.

Annotations:
Amendments (Textual)

PART 6OWNERSHIP OF DWELLINGS

Deemed ownership: beneficiaries under certain trusts

13

1

This paragraph applies where a person is the beneficiary under—

a

a bare trust, or

b

a settlement under the terms of which the beneficiary has a relevant interest in any dwelling that is or forms part of the trust property.

2

For the purposes of this schedule, the beneficiary is to be treated as the owner of the dwelling.

3

References in this schedule to “ownership” and “acquisition of ownership” are to be read accordingly.