C2C1F1 Part 4A FLAT CONVERSION ALLOWANCES
Pt. 4A modified (24.2.2003) by Proceeds of Crime Act 2002 (c. 29), s. 458(1), Sch. 10 para. 22 (with Sch. 10 para. 25); S.I. 2003/120, art. 2, Sch. (with arts. 34) (as amended (20.2.2003) by S.I. 2003/333, art. 14)
Pt. 4A (ss. 393A-393W) modified (prosp.) by Proceeds of Crime Act 2002 (c. 29), ss. 448, 458(1), Sch. 10 para. 22, 25
Chapter 1 INTRODUCTION
393A Flat conversion allowances
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.
Pt. 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