Section 95 | Entitlement to interests

(1)In this Part “entitled” means beneficially entitled—

(a)whether solely or jointly with another person, and

(b)whether as a member of a partnership or otherwise.

This is subject to subsection (2).

(2)References in this Part to entitlement to a single-dwelling interest (or any other chargeable interest) do not include—

(a)entitlement in the capacity of a trustee or personal representative, or

(b)entitlement as a beneficiary under a settlement.

(3)Subsection (1)(b) does not apply where the contrary is specified.

(4)In this section “settlement” has the same meaning as in Part 4 of FA 2003 (see paragraph 1 of Schedule 16 to that Act).