Finance Act, 2001

Rent-a-room, etc.

208.—(1) The Principal Act is amended—

(a) in section 91—

(i) by the substitution in subparagraph (ii) of subsection (2)(b) of the following:

“no person—

(I) other than a person who, while in such occupation, derives rent or payment in the nature of rent in consideration for the provision, on or after 6 April 2001, of furnished residential accommodation in part of the dwellinghouse or apartment concerned, or

(II) other than by virtue of a title prior to that of the purchaser,

will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or of any part of it, during that period, and”,

for “no person, other than by virtue of a title prior to that of the purchaser, will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or of any part of it, during that period, and”, and

(ii) by the substitution in subsection (2)(c) of “some person, other than a person referred to in clause (I) or (II) of subsection (2)(b)(ii)” for “some person, other than by virtue of a title prior to that of the purchaser”,

(b) in section 92—

(i) by the substitution in subparagraph (ii) of subsection (1)(b) of the following:

“no person—

(I) other than a person who, while in such occupation, derives rent or payment in the nature of rent in consideration for the provision, on or after 6 April 2001, of furnished residential accommodation in part of the dwellinghouse or apartment concerned, or

(II) other than by virtue of a title prior to that of the purchaser,

will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or of any part of it, during that period.”,

for “no person, other than by virtue of a title prior to that of the purchaser, will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or any part of it, during that period.”, and

(ii) by the substitution in subsection (2) of “some person, other than a person referred to in clause (I) or (II) of subsection (1)(b)(ii)” for “some person, other than by virtue of a title prior to that of the purchaser”,

(c) in section 92A—

(i) by the substitution in subparagraph (ii) of subsection (2)(b) of the following:

“no person—

(I) other than a person who, while in such occupation, derives rent or payment in the nature of rent in consideration for the provision, on or after 6 April 2001, of furnished residential accommodation in part of the dwellinghouse or apartment concerned, or

(II) other than by virtue of a title prior to that of the purchaser,

will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or of any part of it, during that period.”,

for “no person, other than by virtue of a title prior to that of the purchaser, will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or any part of it, during that period.”, and

(ii) by the substitution in subsection (3) of “some person, other than a person referred to in clause (I) or (II) of subsection (2)(b)(ii)” for “some person, other than by virtue of a title prior to that of the purchaser”,

and

(d) in section 92B—

(i) by the substitution in subparagraph (ii) of subsection (3)(b) of the following:

“no person—

(I) other than a person who, while in such occupation, derives rent or payment in the nature of rent in consideration for the provision, on or after 6 April 2001, of furnished residential accommodation in part of the dwellinghouse or apartment concerned, or

(II) other than by virtue of a title prior to that of the purchaser,

will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or of any part of it, during that period.”,

for “no person, other than by virtue of a title prior to that of the purchaser, will derive any rent or payment in the nature of rent for the use of that dwellinghouse or apartment, or any part of it, during that period.”,

(ii) by the substitution in subsection (4) of “some person, other than a person referred to in clause (I) or (II) of subsection (3)(b)(ii)” for “some person, other than by virtue of a title prior to that of the purchaser”,

(iii) by the substitution in paragraph (a) of subsection (8)—

(I) of “separation, a decree of divorce, a decree of nullity or a deed of separation” for “separation or a decree of divorce”, and

(II) of “that decree or the execution of that deed of separation by both spouses to that marriage” for “that decree”,

(iv) by the substitution in subparagraph (i) of subsection (8)(a) of “subparagraph (ii)” for “paragraph (b)”,

(v) by the substitution in subparagraph (ii) of subsection (8)(a) of “the decree of the date of the execution of the deed of separation by both spouses to that marriage” for “the decree” in each place where it occurs, and

(vi) by the substitution in paragraph (b) of subsection (8) in the definition of “decree of judicial separation” of “the State;” for “the State.” and by the insertion of the following after that definition:

“‘decree of nullity’ means a decree granted by the High Court declaring a marriage to be null and void or any decree to like effect that was granted under the law of a country or judisdiction other than the State and is recognised in the State.”.

(2) (a) Paragraphs (a)(i), (a)(ii), (b)(i), (b)(ii), (c)(i), (c)(ii), (d)(i), and (d)(ii) of subsection (1) shall apply and have effect in relation to instruments executed on or after 6 December 2000.

(b) Paragraph (d)(iii), (v) and (vi) of subsection (1) shall apply and have effect in relation to instruments executed on or after 15 June 2000.

(c) Paragraph (d)(iv) of subsection (1) shall apply and have effect in relation to instruments executed on or after 15 February 2001.