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Legislation
Income Tax Act 2007

Crossheading Exempt property relief

  • Section 809X Exempt property
  • Section 809Y Property that ceases to be exempt property treated as remitted
  • Section 809YA Exception to section 809Y: proceeds taken offshore or invested
  • Section 809YB Condition E: supplementary
  • Section 809YC Effect of disapplying section 809Y
  • Section 809YD Chargeable gains accruing on sales of exempt property
  • Section 809YE Exception to section 809Y: gifts to the nation
  • Section 809YF Exception to section 809Y: compensation taken offshore or invested
  • Section 809Z Public access rule: general
  • Section 809Z1 Public access rule: relevant VAT relief
  • Section 809Z2 Personal use rule
  • Section 809Z3 Repair rule
  • Section 809Z4 Temporary importation rule
  • Section 809Z5 Notional remitted amount
  • Section 809Z6 Exempt property: other interpretation
  1. Exempt property relief
  2. Repair rule

Section 809Z3 | Repair rule

From legislation.gov.uk

(1)Property meets the repair rule for the whole of the relevant period if, during the whole of that period, the property meets the repair conditions.

(2)Property meets the repair rule for a part of the relevant period if—

(a)during the whole of that part of that period, the property meets the repair conditions, and

(b)during the whole of the other part of that period, or the whole of each other part of that period, the property meets the repair conditions or the public access rule.

(3)Property meets the repair conditions if the property—

(a)is under repair or restoration,

(b)is in transit from a place outside the United Kingdom to repair rule premises, in transit between such premises, or in storage at such premises, in advance of repair or restoration, or

(c)is in storage at such premises, in transit between such premises, or in transit from such premises to a place outside the United Kingdom, following repair or restoration.

(4)“Repair rule premises” means—

(a)premises in the United Kingdom that are to be used, or have been used, for the repair or restoration referred to in subsection (3)(b) or (c), or

(b)other commercial premises in the United Kingdom used by the restorer for the storage of property in advance of, or following, repair or restoration of property by the restorer.

(5)“Restorer” means the person who is to carry out, or has carried out, the repair or restoration referred to in subsection (3)(b) or (c).

(6)Property meets the repair conditions, or the public access rule, during the whole of a period, or the whole of part of a period, if the property meets those conditions or that rule—

(a)on the whole of, or on part of, the first day of that period or part period,

(b)on the whole of, or on part of, the last day of that period or part period, and

(c)on the whole of each other day of that period or part period.

(7)“The relevant period” has the same meaning as in section 809Z.

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