Land let on new tenancies

IHTA84/S116 (2)(c) (inserted by FA95/S155) states that 100% relief will apply if the interest of the transferor in the property does not carry either of the rights mentioned in paragraph (a) that is

the right to vacant possession, or

the right to obtain it within 12 months,

because the property is let on a tenancy beginning on or after 1 September 1995.

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