|
|
Exempt properties.
|
2.— The Principal Act is amended—
|
|
| |
(a) in section 7(1) by inserting “and section 7A” (inserted by the Finance (Local Property Tax) (Amendment) Act 2013) after “In this section”,
|
|
| |
(b) in section 7(2) by substituting “the liable person in relation to the property is” for “the property is owned by”,
|
|
| |
(c) by inserting the following after section 7:
|
|
| |
“Properties used by a charity for recreational activities.
|
|
| |
7A.— A residential property shall not, for the purposes of this Act, be regarded as a relevant residential property where—
|
|
| |
(a) the liable person in relation to the property is a charity, and
|
|
| |
(b) the property is used solely as residential accommodation in connection with the facilitation of recreational activities in the course of the actual carrying out of a primary purpose of the charity.”,
|
|
| |
and
|
|
| |
(d) by inserting the following after section 10A (inserted by this Act):
|
|
| |
“Permanently and totally incapacitated individuals.
|
|
| |
10B.— (1) A residential property shall not, for the purposes of this Act, be regarded as a relevant residential property where—
|
|
| |
(a) the property is occupied by an incapacitated individual (within the meaning of section 189A(1) of the Act of 1997) as his or her sole or main residence and—
|
|
| |
(i) to whom paragraph (b) of section 189(1) of the Act of 1997 applies, or
|
|
| |
(ii) who is a beneficiary undera qualifying trust (within the meaning of section 189A(1) of the Act of 1997),
|
|
| |
and
|
|
| |
(b) the property is—
|
|
| |
(i) acquired because of its suitability for occupation by such an incapacitated individual, or
|
|
| |
(ii) adapted to render it more suitable for the accommodation of such an incapacitated individual and the cost of the adaptation on completion of that adaptation exceeds an amount that is equivalent to one-quarter of the chargeable value of that property before it is adapted.
|
|
| |
(2) Subsection (1) shall cease to apply on the sale (within the meaning of section 125) of the property unless the incapacitated individual continues to occupy that property as his or her sole or main residence.”.
|
