# Capital Allowances Act 2001, Section 514: Balancing events


The following are balancing events in relation to a qualifying dwelling-house—
(a) the relevant interest in the dwelling-house is sold;
(b) if the relevant interest in the dwelling-house is a lease, the lease ends otherwise than on the person entitled to it acquiring the interest reversionary on it;
(c) the dwelling-house is demolished or destroyed;
(d) the dwelling-house ceases altogether to be used (without being demolished or destroyed).

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/514 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-514
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.