Finance Act 2017

Amendment of section 86 of Principal Act (exemption relating to certain dwellings)

71. Section 86 of the Principal Act is amended—

(a) by substituting the following for subsection (5):

“(5) For the purposes of subsection (4), a dwelling house shall not be regarded as a relevant dwelling house where it is taken—

(a) by way of a gift, or

(b) under a disposition referred to in paragraph (c) of section 3(1),

unless it is taken by a dependent relative under subsection (9).”,


(b) in subsection (9)(c) by inserting “or inheritance” after “a gift”.