[F1270DCEffect of creation of subordinate interestU.K.
This section has no associated Explanatory Notes
(1)An interest does not cease to be the relevant interest merely because of the creation of a lease or other interest to which that interest is subject.
(2)This is subject to section 270DD (leases granted for 35 years or more).]
Textual Amendments
F1Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2