SCHEDULE 5Multiple dwellings relief

PART 3Key terms

Consideration attributable to dwellings and remaining property

I17

In relation to a relevant transaction—

a

the consideration attributable to dwellings is so much of the chargeable consideration for the transaction as is attributable to the dwellings,

b

the consideration attributable to remaining property is the chargeable consideration for the transaction less the consideration attributable to dwellings.