Regulation 2 Operative provisions for leasehold and freehold properties
(1)
These Regulations apply where there is to be a relevant disposal, other than an exempted disposal, of the owner’s interest in the property.
(2)
Where the owner has a leasehold interest the owner must comply with the requirements of regulation 3.
(3)
Where the owner has a freehold interest the owner must comply with the requirements of regulation 4.