# Finance Act 2004, Paragraph 27


Where—
(a) an investment-regulated pension scheme holds an interest in property which is not taxable property, and
(b) that property becomes taxable property otherwise than by reason of its conversion or adaptation as residential property,
the pension scheme is treated for the purposes of the taxable property provisions as acquiring an interest in the property.

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/29A/paragraph/27 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-29A/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.