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Schedule 2, Part II, paragraph 23A(2)

FSMA 2000

References in sub-paragraph (1) to a “major interest” in land are to— in relation to land in England or Wales— whether subsisting at law or in equity; an estate in fee simple absolute, or a term of years absolute, in relation to land in Scotland— the interest of an owner of land, or the tenant's right over or interest in a property subject to a lease; in relation to land in Northern Ireland— whether subsisting at law or in equity. any freehold estate, or any leasehold estate,

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Source: legislation.gov.uk · retrieved 2026-09-04