SCHEDULE 15RELIEF FOR CERTAIN TRANSACTIONS RELATING TO SOCIAL HOUSING

PART 1INTRODUCTORY

Overview

I11

1

This Schedule makes provision about reliefs available for certain transactions relating to social housing.

2

This Schedule is arranged as follows—

a

Part 2 makes provision about relief available for F1transactions subject to a public sector discount,

b

Part 3 makes provision about the tax chargeable and relief available where a shared ownership lease or a rent to shared ownership lease transaction is entered into,

c

Part 4 makes provision about the tax chargeable and relief available where a shared ownership trust is declared and where a rent to shared ownership trust scheme is entered into,

F2d

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e

Part 6 provides relief for certain acquisitions by registered social landlords.