Section 8FC | Downsizing addition: effect: section 8E case ^F1

(1)Subsection (2) applies if—

(a)as a result of section 8FA, there is entitlement to a downsizing addition in calculating the person's residence nil-rate amount, and

(b)the person's residence nil-rate amount is given by section 8E.

(2)Section 8E has effect as if, in subsections (2) to (5) of that section, each reference to NV/100 were a reference to the total of—

(a)NV/100, and

(b)the downsizing addition.