Finance Act 2015

6 (1) Section 225 (private residence occupied under terms of settlement) is amended as follows.

(2) The existing text becomes subsection (1).

(3) In that subsection—

(a) in the words before paragraph (a), after “person” insert “(“B”)”;

(b) in paragraph (a), for “the occupation of the dwelling-house or part of the dwelling-house, and” substitute “the matters dealt with in subsection (2),”;

(c) in paragraph (b), for “the person entitled to occupy the dwelling-house or part of the dwelling-house;” substitute “B, and”;

(d) after paragraph (b) insert—

“(c) the notice which may be given by the trustees under section 222A is effective only if it is accompanied by written notification from B agreeing to the terms of the notice;”.

(4) After that subsection insert—

“(2) In sections 222 to 224, as applied by subsection (1), references to the individual, in relation to—

(a) the occupation of the dwelling-house or part of the dwelling-house,

(b) residence in a territory, or

(c) meeting the day count test,

are to be taken as references to B.”