Finance Act 2003

Disposal of interest in part of [F2qualifying land] during control periodU.K.

[F110(1)This paragraph applies where the purchaser ceases to hold a chargeable interest in part of the [F2qualifying land] during the control period.

(2)The references in paragraphs 8 and 9 to the [F2qualifying land] are to be treated as references only to the part of the [F2qualifying land] in relation to which the purchaser still holds a chargeable interest (whether the chargeable interest acquired in the land transaction in respect of which relief was allowed under Part 2 of this Schedule or another chargeable interest).]

Textual Amendments