Taxes Consolidation Act 1997 section 359

Provisions supplementary to sections 356 to 358

Section 359 sets out the supplementary definitions, conditions and anti-avoidance rules that underpin the holiday cottage reliefs in sections 356 to 358.

• Defines "certificate of reasonable cost", "house" and "total floor area" for the holiday cottage reliefs.
• Sets the conditions a house must meet to be a "qualifying premises" — tourist letting, occupancy limits, register of lessees, and Department of Environment building standards.
• Gives a broad definition of construction, conversion and refurbishment, and fixes the rules for when that expenditure is treated as incurred.
• Strips out grant-aided expenditure, applies anti-avoidance to qualifying leases, and provides for capital gains treatment and appeals.