Section 270DC Effect of creation of subordinate interestF1
(1)
An interest does not cease to be the relevant interest merely because of the creation of a lease or other interest to which that interest is subject.
(2)
This is subject to section 270DD (leases granted for 35 years or more).
Annotations
Textual amendments
- F1
Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2