# The Assets of Community Value (England) Regulations 2012, Paragraph 2


For the purposes of paragraph 1 and this paragraph—
(a) “residence” means a building used or partly used as a residence;
(b) a building is a residence if—
(i) it is normally used or partly used as a residence, but for any reason so much of it as is normally used as a residence is temporarily unoccupied;
(ii) it is let or partly let for use as a holiday dwelling;
(iii) it, or part of it, is a hotel or is otherwise principally used for letting or licensing accommodation to paying occupants; or
(iv) it is a house in multiple occupation as defined in section 77 of the Housing Act 2004; and
(c) a building or other land is not a residence if—
(i) it is land on which currently there are no residences but for which planning permission or development consent has been granted for the construction of residences;
(ii) it is a building undergoing construction where there is planning permission or development consent for the completed building to be used as a residence, but construction is not yet complete; or
(iii) it was previously used as a residence but is in future to be used for a different purpose and planning permission or development consent for a change of use to that purpose has been granted.

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Source: https://www.legislation.gov.uk/ukdsi/2012/9780111526293/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-assets-of-community-value-england-regulations-2012/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.