Valid from 11/05/2001
[F1Chapter 1U.K. INTRODUCTION
Textual Amendments
F1Pt. 4A (ss. 393A-393W) inserted (with effect as mentioned in s. 67 of the amending Act) by Finance Act 2001 (c. 9), s. 67, Sch. 19 Pt. 1
393A Flat conversion allowancesU.K.
(1)Allowances are available under this Part if a person incurs qualifying expenditure in respect of a flat.
(2)Allowances under this Part are made to the person who—
(a)incurred the expenditure, and
(b)has the relevant interest in the flat.
(3) In this Part “ flat ” means a dwelling which—
(a)is a separate set of premises (whether or not on the same floor),
(b)forms part of a building, and
(c)is divided horizontally from another part of the building.
(4) In this Part “ dwelling ” means a building or part of a building occupied or intended to be occupied as a separate dwelling. ]