PART 2A

STRUCTURES AND BUILDINGS ALLOWANCES
CHAPTER 4

THE RELEVANT INTEREST IN THE BUILDING OR STRUCTURE

Effect of creation of subordinate interest
270DC
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).
S. 45H(2) modified (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14) , Sch. 30 para. 7
Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2