[F1321 The relevant period of ownershipU.K.
This section has no associated Explanatory Notes
The relevant period of ownership is the period beginning—
(a)with the day on which the building was first used for any purpose, or
(b)if the relevant interest has been sold after that day, with the day following that on which the sale (or the last such sale) occurred,
and ending with the day on which the balancing event occurs.]
Textual Amendments
F1Pt. 3 omitted (with effect in relation to chargeable periods beginning on or after 1.4.2011 for corporation tax purposes and 6.4.2011 for income tax purposes in accordance with ss. 84(1)(3)(4), 85, 86 of the amending Act) by virtue of Finance Act 2008 (c. 9), s. 84(2) (with Sch. 27)