Section 504 | Requirements relating to the landlord

(1)A dwelling-house is a qualifying dwelling-house only if the landlord is—

(a)a company, and

(b)the person who—

(i)incurred the qualifying expenditure on the building in which the dwelling-house is comprised, or

(ii)is for the time being entitled to the relevant interest in the dwelling-house.

(2)The requirement that the landlord must be a company does not apply in relation to expenditure incurred—

(a)before 5th May 1983, or

(b)on or after that date pursuant to a contract entered into before that date,

unless a person other than a company became entitled to the relevant interest on or after that date.