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Legislation
Finance Act 2003

Crossheading Reliefs

  • Section 57 Disadvantaged areas relief
  • Section 57A Sale and leaseback arrangements
  • Section 57AA First-time buyers
  • Section 57B First-time buyers
  • Section 58A Relief for certain acquisitions of residential property
  • Section 58B Relief for new zero-carbon homes
  • Section 58C Relief for new zero-carbon homes: supplemental
  • Section 58D Transfers involving multiple dwellings
  • Section 60 Compulsory purchase facilitating development
  • Section 61 Compliance with planning obligations
  • Section 61A Relief for special tax sites
  • Section 62 Group relief and reconstruction or acquisition relief
  • Section 63 Demutualisation of insurance company
  • Section 64 Demutualisation of building society
  • Section 64A Initial transfer of assets to trustees of unit trust scheme
  • Section 65 Incorporation of limited liability partnership
  • Section 65A Seeding relief
  • Section 66 Transfers involving public bodies
  • Section 66A Resolution of financial institutions
  • Section 67 Transfer in consequence of reorganisation of parliamentary constituencies
  • Section 67A Acquisitions by certain health service bodies
  • Section 68 Charities relief
  • Section 69 Acquisition by bodies established for national purposes
  • Section 70 Right to buy transactions, shared ownership leases etc
  • Section 71 Certain acquisitions by registered providers of social housing etc
  • Section 71A Alternative property finance: land sold to financial institution and leased to person
  • Section 72 Alternative property finance in Scotland: land sold to financial institution and leased to person
  • Section 72A Alternative property finance in Scotland: land sold to financial institution and person in common
  • Section 73 Alternative property finance: land sold to financial institution and re-sold to person
  • Section 73A Sections 71A to 73: relationship with Schedule 7
  • Section 73AB Section 71A : arrangements to transfer control of financial institution
  • Section 73B Exempt interests
  • Section 73BA Meaning of “financial institution”
  • Section 73C Alternative finance investment bonds
  • Section 73CA Sections 71A to 73: first-time buyers
  • Section 74 Exercise of collective rights by tenants of flats
  • Section 75 Crofting community right to buy
  1. Reliefs
  2. Relief for new zero-carbon homes: supplemental

Section 58C | Relief for new zero-carbon homes: supplemental F1

From legislation.gov.uk

(1)Regulations under section 58B—

(a)shall include provision about the method of claiming relief (including documents or information to be provided), and

(b)in particular, shall include provision about the evidence to be adduced to show that a dwelling satisfies the definition of “zero-carbon home”.F2

(2)Regulations made by virtue of subsection (1)(b) may, in particular—

(a)refer to a scheme or process established by or for the purposes of an enactment about building;

(b)establish or provide for the establishment of a scheme or process of certification;

(c)specify, or provide for the approval of, one or more schemes or processes for certifying energy efficiency.

(d)provide for the charging of fees of a reasonable amount in respect of services provided as part of a scheme or process of certification.F3

(3)In defining “zero-carbon home” regulations under section 58B may include requirements which may be satisfied in relation to a dwelling either—F4

(a)by features of the building which, or part of which, constitutes the dwelling, orF5

(b)by other installations or utilities.

(4)Regulations under section 58B may modify the effect of section 108, or another provision of this Part about linked transactions, in relation to a set of transactions of which at least one is the first acquisition of a dwelling which is a zero-carbon home.

(5)In determining whether section 116(7) applies, and in the application of section 116(7), a transaction shall be disregarded if or in so far as it involves the first acquisition of a dwelling which is a zero-carbon home.

(6)Regulations under section 58B—

(a)may provide for relief to be wholly or partly withdrawn if a dwelling ceases to be a zero-carbon home, and

(b)may provide for the reduction or withholding of relief where a person acquires more than one zero-carbon home within a specified period.

(7)Regulations under section 58B may include provision for relief to be granted in respect of acquisitions occurring during a specified period before the regulations come into force.

Notes

  1. F1

    Ss. 58B, 58C inserted (19.7.2007) by Finance Act 2007 (c. 11), s. 19(1)

  2. F2

    Word in s. 58C(1) substituted (retrospective to 19.7.2007) by Finance Act 2008 (c. 9), s. 93(4)(7)

  3. F3

    S. 58C(2)(d) inserted (21.7.2008) by Finance Act 2008 (c. 9), s. 93(5)

  4. F4

    Words in s. 58C(3) substituted (retrospective to 19.7.2007) by Finance Act 2008 (c. 9), s. 93(6)(a)(7)

  5. F5

    Words in s. 58C(3) substituted (retrospective to 19.7.2007) by Finance Act 2008 (c. 9), s. 93(6)(b)(7)

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