[F117(1)This paragraph applies where two or more persons are jointly entitled to the ownership of a dwelling.S
(2)For the purposes of this schedule, each of the persons is to be treated as the owner of the dwelling.
(3)In the application of this paragraph to a dwelling situated in England, Wales or Northern Ireland, “jointly entitled” has the meaning given in section 121 of the Finance Act 2003 (minor definitions).
(4)In the application of this paragraph to a dwelling situated outside the United Kingdom, “jointly entitled” means having an interest equivalent to being jointly entitled within the meaning of this Act or the Finance Act 2003.]
Textual Amendments
F1Sch. 2A inserted (1.4.2016) by Land and Buildings Transaction Tax (Amendment) (Scotland) Act 2016 (asp 11), ss. 1(3), 5(2) (with s. 3)