PART 3

Annual tax on enveloped dwellings

The charge to tax

Entitlement to interests
95
1
In this Part “entitled” means beneficially entitled—
a
whether solely or jointly with another person, and
b
whether as a member of a partnership or otherwise.
This is subject to subsection (2).
2
References in this Part to entitlement to a single-dwelling interest (or any other chargeable interest) do not include—
a
entitlement in the capacity of a trustee or personal representative, or
b
entitlement as a beneficiary under a settlement.
3
Subsection (1)(b) does not apply where the contrary is specified.
4
In this section “settlement” has the same meaning as in Part 4 of FA 2003 (see paragraph 1 of Schedule 16 to that Act).
Pt. 3 applied (17.7.2014) by Finance Act 2014 (c. 26), s. 223(8)(9)(e)
Pt. 3 modified (temp.) (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), Sch. 24 para. 2