Part 10

Assured tenancy allowances
Chapter 4

Qualifying dwelling-houses

Dwelling-house ceasing to be qualifying dwelling-house
506
1
If a dwelling-house ceases to be a qualifying dwelling-house otherwise than on a sale of the relevant interest in the dwelling-house, this Part has effect as if—
a
the relevant interest in the dwelling-house had been sold at that time, and
b
the net proceeds of the sale were equal to the market value of that interest at that time.
2
For the purposes of this Part—
a
a dwelling-house is not to be regarded as ceasing altogether to be used merely because it falls temporarily out of use, and
b
if, immediately before any period of temporary disuse, a dwelling-house is a qualifying dwelling-house, it is to be regarded as continuing to be a qualifying dwelling-house during the period of temporary disuse.
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