Article 5 Co-owners etc of buildings and land

(1)

Section 26 of FA 1995^f1 (co-owners etc of buildings and land) is repealed.

(2)

Accordingly—

(a)

section 51A of VATA 1994^f2 is repealed, and

(b)

paragraph 8(2) and (3)^f3 of Schedule 10 to that Act are repealed without being rewritten in that Schedule as substituted by article 2.

Annotations

f1: Section 179 of the Finance Act 2006 (c. 25) provides that in that Act “FA” followed by a year means the Finance Act of that year; accordingly, “FA 1995” means the Finance Act 1995 (c. 4).
f2: 1994 c. 23; section 51A was inserted by section 26(1) of the Finance Act 1995 (c. 4).
f3: Paragraph 8(2) and (3) was inserted by section 26(2) of the Finance Act 1995 (c. 4).