10SThe amount of tax chargeable in relation to a relevant transaction is—
where—
DT is the tax due in relation to a dwelling,
ND is the number of dwellings that are, or are part of, the main subject-matter of the transaction, and
RT is the tax due in relation to remaining property.
Commencement Information
I1 Sch. 5 para. 10 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
[F111.SBut where DT x ND is less than the minimum prescribed amount, the amount of tax chargeable in relation to the relevant transaction is—
where—
MPA is the minimum prescribed amount, and
RT is the tax due in relation to remaining property.
Textual Amendments
F1Sch. 5 paras. 11, 12 substituted (1.4.2015) by S.S.I. 2015/123, arts. 1, 8
Commencement Information
I2Sch. 5 para. 11 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
12 .SThe minimum prescribed amount is such proportion as may be prescribed by the Scottish Ministers by order of—
where—
TT is the amount of tax that would be due in respect of the transaction but for this schedule, and
RT is the tax due in relation to remaining property.]
Textual Amendments
F1Sch. 5 paras. 11, 12 substituted (1.4.2015) by S.S.I. 2015/123, arts. 1, 8
Commencement Information
I3Sch. 5 para. 12 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2