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Contents

Legislation
Capital Allowances Act 2001

Crossheading The relevant interest in the building

  • Section 495 General rule as to what is the relevant interest in the building
  • Section 496 Interest acquired on completion of construction
  • Section 497 Effect of creation of subordinate interest
  • Section 498 Merger of leasehold interest
  • Section 499 Provisions applying on termination of lease
  1. The relevant interest in the building
  2. Effect of creation of subordinate interest

Section 497 | Effect of creation of subordinate interest

From legislation.gov.uk

An interest does not cease to be the relevant interest merely because of the creation of a lease or other interest to which that interest is subject.

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