In this Part "entitled" means beneficially entitled—
whether solely or jointly with another person, and
whether as a member of a partnership or otherwise.
This is subject to subsection (2).
References in this Part to entitlement to a single-dwelling interest (or any other chargeable interest) do not include—
entitlement in the capacity of a trustee or personal representative, or
entitlement as a beneficiary under a settlement.
Subsection (1)(b) does not apply where the contrary is specified.
In this section "settlement" has the same meaning as in Part 4 of FA 2003 (see paragraph 1 of Schedule 16 to that Act).