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

Annotations:
Amendments (Textual)

PART 6OWNERSHIP OF DWELLINGS

Deemed ownership: long leases

15

1

This paragraph applies where a person (“the tenant”) is the tenant under a lease of a dwelling for a term of more than 20 years

2

For the purposes of this schedule—

a

the tenant is to be treated as the owner of the dwelling, and

b

the landlord under the lease is to be treated as not being the owner.

3

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