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This paragraph covers the zero-rating applicable to the grant of a major interest in certain protected buildings.

VATA 1994, Sch 8, Group 6, Item 1 provides for zero-rating of the first grant by a person substantially reconstructing a protected building, of a major interest in, or in any part of, the building or its site.

The following notes to VATA 1994, Sch 8, Group 6 are relevant to this relief:

1. Ìý

   •ÌýÌýÌýÌý VATA 1994, Sch 8, Group 6, Notes 1 and 2 provide definitions relevant to the meaning of the term 'protected building'. For the meaning of 'protected building' in this context, see V4.232C

2. Ìý

   •ÌýÌýÌýÌý VATA 1994, Sch 8, Group 6, Note 3 applies (subject to any appropriate modifications) the following notes of VATA 1994, Sch 8, Group 5:

3. Ìý
   1. Ìý

      –ÌýÌýÌýÌý VATA 1994, Sch 8, Group 5, Note 1 which sets out that the term 'grant' includes an assignment or surrender

   2. Ìý

      –ÌýÌýÌýÌý VATA 1994, Sch 8, Group 5, Note 4 which relates to the definition of relevant residential purposes