SCHEDULE 15

RELIEF FOR CERTAIN TRANSACTIONS RELATING TO SOCIAL HOUSING
PART 3

SHARED OWNERSHIP LEASES

Shared ownership lease: grant not linked with staircasing transactions etc.
7
For the purpose of determining the amount of tax chargeable on the grant of a shared ownership lease of a dwelling, the grant is to be treated as if it is not linked to—
a
any acquisition of an interest in the dwelling to which paragraph 6 applies, or
b
a transfer of the reversion to the tenant under the terms of the lease.
Sch. 15 para. 7 in force at 1.4.2018 by S.I. 2018/34, art. 3