Regulation 17 Priority rules
(1)
Any income, so far as it falls within—
(a)
regulation 15, and
(b)
Chapter 2 of Part 2 of ITTOIA 2005 or Chapter 2 of Part 3 of CTA 2009 (income taxed as trade profits),
is dealt with under Part 2 of ITTOIA 2005 or Part 3 of CTA 2009.
(2)
Any income, so far as it falls within—
(a)
regulation 15, and
(b)
Chapter 3 of Part 3 of ITTOIA 2005, or Chapter 3 of Part 4 of CTA 2009, so far as relating to a UK property business,
is dealt with under Part 3 of ITTOIA 2005 or Part 4 of CTA 2009.