110 Interests held by connected persons
Finance Act 2013 (2013 c 29) | Legislation

110  Interests held by connected persons

(1)     If on any day [(“the relevant day”)] a company (“C”) is entitled to a single-dwelling interest in a dwelling and another person (“P”) who is connected with C is entitled to a different single-dwelling interest in the same dwelling, this Part has effect—

(a)     in relation to C as if C were on that day entitled to P's single-dwelling interest as well as C's single-dwelling interest, and

(b)     (if P is a company) in relation to P as if P were on that day entitled to C's single-dwelling interest as well as P's single-dwelling interest.

(2)     This subsection provides for an exception to subsection (1).

Where P is an individual, C is not treated . . . as entitled to P's single-dwelling interest [on the relevant day] unless on that

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