# Inheritance Tax Act 1984, Paragraph 8

Extent: E+W+S+N.I.

(1) In this Schedule “UK residential property interest” means an interest in UK land—
(a) where the land consists of a dwelling,
(b) where and to the extent that the land includes a dwelling, or
(c) where the interest subsists under a contract for an off-plan purchase.
(2) For the purposes of sub-paragraph (1)(b), the extent to which land includes a dwelling is to be determined on a just and reasonable basis.
(3) In this paragraph—
“interest in UK land” has the same meaning as it has for the purposes of section 1A(3)(b) of the 1992 Act (see section 1C of that Act);
“the land”, in relation to an interest in UK land which is an interest subsisting for the benefit of land, is a reference to the land for the benefit of which the interest subsists;
“dwelling” has the same meaning as it has for the purposes of paragraphs 16B to 16H of Schedule 2 to the Finance Act 2019;
“contract for an off-plan purchase” means a contract for the acquisition of land consisting of, or including, a building, or part of a building, that is to be constructed or adapted for use as a dwelling.

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Source: https://www.legislation.gov.uk/ukpga/1984/51/schedule/A1/paragraph/8 (the official version)
Page: https://openlegislation.uk/inheritance-tax-act-1984/schedule-A1/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.