Overview
1(1)This Schedule makes provision about reliefs available for certain acquisitions of dwellings.
(2)This Schedule is arranged as follows—
(a)Part 2 provides relief for certain acquisitions by housebuilders, property traders and employers, and is arranged as follows—
(i)paragraph 2 provides for relief in the case of an acquisition of a dwelling by a housebuilder from an individual acquiring a new dwelling,
(ii)paragraph 3 provides for relief in the case of an acquisition of a dwelling by a property trader from an individual acquiring a new dwelling,
(iii)paragraph 4 provides for relief in the case of an acquisition of a dwelling by a property trader from an individual where a chain of transactions breaks down,
(iv)paragraph 5 provides for relief in the case of an acquisition of a dwelling by a property trader from personal representatives,
(v)paragraph 6 provides for relief in the case of an acquisition of a dwelling by a property trader in the case of relocation of employment,
(vi)paragraph 7 provides for relief in the case of an acquisition of a dwelling by an employer in the case of relocation of employment,
(vii)paragraph 8 makes provision about withdrawal of the reliefs available to property traders, and
(viii)paragraph 9 makes provision about the interpretation of words and phrases which apply to Part 2 of this Schedule;
(b)Part 3 provides relief for transactions entered into by a person or persons exercising collective rights.