Paragraph 2 I1

Subject to sub-paragraph (3)—

In this paragraph—

• “developer” means a person who has undertaken, arranged or carried out development work and who is also the first owner of the hereditament;

• “development work” means any building operations which results in a new building; and

• “owner” means any person for the time being receiving or entitled to receive, on his own account, the rack rent of the hereditament in connection with which the word is used or who, if the hereditament were let at a rack rent, would so receive or be entitled to receive that rent.

A hereditament, other than a private garage or private storage premises, shall be excluded from the class of hereditament described in sub-paragraph (1) to the extent (if any) to which it appears that, when next in use, it will be used other than for the purposes of a private dwelling.