CA26480 - PMA: Fixtures: Changes in ownership: Relevant two year period

CAA01/S187A(9)

The ‘relevant 2 year period’ is –

• in a case falling within item 1 or 9 of the Table in section 196 (sale of qualifying interest or discontinuance followed by sale), the period of 2 years beginning with the date when the purchaser from the past owner acquires the qualifying interest
• in a case falling within item 5 of that Table (incoming lessee), the period of 2 years beginning with the date when the lessee is granted the lease.