C1SCHEDULE 5HIGHER RATES RESIDENTIAL PROPERTY TRANSACTIONS

Annotations:
Modifications etc. (not altering text)

C1PART 6INTERPRETATION

What counts as a dwelling

I1C136

1

This paragraph sets out rules for determining what counts as a dwelling for the purposes of this Schedule.

2

A building or part of a building counts as a dwelling if—

a

it is used or suitable for use as a dwelling, or

b

it is in the process of being constructed or adapted for such use.

3

Land that is, or is to be, occupied or enjoyed with a dwelling as a garden or grounds (including any building or structure on that land) is taken to be part of that dwelling.

4

Land that subsists, or is to subsist, for the benefit of a dwelling is taken to be part of that dwelling.

5

The main subject-matter of a transaction is also taken to consist of or include an interest in a dwelling if—

a

substantial performance of a contract constitutes the effective date of that transaction by virtue of a relevant deeming provision,

b

the main subject-matter of the transaction consists of or includes an interest in a building, or a part of a building, that is to be constructed or adapted under the contract for use as a dwelling, and

c

construction or adaptation of the building, or part of a building, has not begun by the time the contract is substantially performed.

6

In sub-paragraph (5)—

  • “"contract”” (“"contract”") includes any agreement;

  • “"relevant deeming provision”” (“"darpariaeth dybio berthnasol”") means any of sections 10 to 13 or paragraph 8(1) to (5) of Schedule 2 (pre-completion transactions) or paragraph 20 of Schedule 6 (agreement for lease);

  • “"substantially performed”” (“"cyflawni'n sylweddol”") has the same meaning as in section 14.

7

A building or part of a building used for a purpose specified in section 72(4) or (5) is not used as a dwelling for the purposes of sub-paragraph (2) or (5).

8

Where a building or part of a building is used for a purpose mentioned in sub-paragraph (7), no account is to be taken for the purposes of sub-paragraph (2) of its suitability for any other use.