Modifications etc. (not altering text)
C1Pt. 3 applied (17.7.2014) by Finance Act 2014 (c. 26), s. 223(8)(9)(e)
(1)References in this Part to a “single-dwelling interest” are to be read in accordance with this section.
(2)A chargeable interest that is exclusively in or over land consisting (on any day) of a single dwelling is a single-dwelling interest (on that day).
(3)Where a person is entitled to a chargeable interest that is exclusively in or over land consisting (on any day) of two or more single dwellings—
(a)provisions referring to a “single-dwelling interest” operate as if the person had (on that day) a separate chargeable interest in or over each dwelling, and
(b)the chargeable interest in or over each dwelling is therefore a single-dwelling interest.
(4)Where a person is entitled to a chargeable interest in or over land that on any day consists of one or more single dwellings and non-residential land—
(a)provisions referring to a “single-dwelling interest” operate as if the person had (on that day) a separate chargeable interest in or over each dwelling and a further separate chargeable interest in or over the non-residential land, and
(b)the chargeable interest in or over each dwelling is therefore a single-dwelling interest.
(5)A single-dwelling interest is referred to as a single-dwelling interest “in” the dwelling concerned.
(6)A single-dwelling interest in one dwelling is distinct from any single-dwelling interest in another dwelling, even if the dwellings stand successively on the same land.
(7)In this section—
(a)“non-residential land” means land that is not a dwelling or part of a dwelling;
(b)references to a dwelling include a part of a dwelling.