Buildings which are not relevant buildings: leaseholder owned buildingsE+W
This
adran has no associated
Memorandwm Esboniadol
2. For the purposes of section 117(3)(c) of the Act the freehold estate in the building or part of the building is leaseholder owned where—
(a)the freehold estate is solely owned by tenants in the building, whether through a corporate structure or otherwise; and
(b)paragraphs (a), (b) and (d) of section 117(3) of the Act do not apply in relation to the building.
Commencement Information
I1Reg. 2 in force at 20.7.2022, see reg. 1(1)