SCHEDULE 4Relief for certain acquisitions of residential property
PART 6Interpretation
Meaning of “permitted area”
20
“The permitted area”, in relation to a dwelling, means land occupied and enjoyed with the dwelling as its garden or grounds that does not exceed—
(a)
an area (inclusive of the site of the dwelling) of 0.5 of a hectare, or
(b)
such larger area as is required for the reasonable enjoyment of the dwelling as a dwelling having regard to its size and character.