Finance Act, 1983

Apportionment of market values.

99.—Where as respects any valuation date a residential property is comprised in the relevant residential property of two or more persons, the amount to be taken into account in respect of the market value of that property for the purposes of determining the net market values on that date of the relevant residential property of each of those persons shall be the amount which bears to the market value of the residential property on that date the same proportion as one bears to the number of those persons.