563Breach of conditions as to property rental businessU.K.
This section has no associated Explanatory Notes
(1)Subsection (2) applies if condition A or B in section 529 (property rental business) is not met in the case of a UK REIT throughout an accounting period of—
(a)in the case of a group UK REIT, the principal company of the group, and
(b)in the case of a company UK REIT, the company.
(2)The breach is to be ignored.