[8H Meaning of “qualifying residential interest”][, “qualifying former residential interest” and “residential property interest”]
Inheritance Tax Act 1984 (1984 c 51) | Legislation

[8H  Meaning of “qualifying residential interest”][, “qualifying former residential interest” and “residential property interest”]

[(1)     This section applies for the purposes of sections 8E [to 8FE and section 8M].

(2)     [A] “residential property interest”, in relation to a person, means an interest in a dwelling-house which has been the person's residence at a time when the person's estate included that, or any other, interest in the dwelling-house.

(3)     Where a person's estate immediately before the person's death includes residential property interests in just one dwelling-house, the person's interests in that dwelling-house are a qualifying residential interest in relation to the person.

(4)     Where—

(a)     a person's estate immediately before the person's death includes residential property interests in each of two or more dwelling-houses, and

(b)     the person's personal representatives nominate one (and only one) of those dwelling-houses,

the person's interests in the nominated dwelling-house are a qualifying residential interest in relation to the person.

[(4A)     Subsection (4B) or (4C) applies where—

(a)     a person disposes of a residential property interest in a dwelling-house

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