SCHEDULE 5Multiple dwellings relief

PART 1Introductory

Overview of relief

1

(1)

This schedule provides for relief in the case of certain land transactions involving multiple dwellings.

(2)

It is arranged as follows—

  • Part 2 identifies the transactions to which this schedule applies,

  • Part 3 defines key terms,

  • Part 4 describes the relief available if a claim is made,

  • Part 5 provides for withdrawal of the relief,

  • Part 6 contains rules to determine what counts as a dwelling.