This section has no associated Explanatory Notes
21S“The relevant period” means the shorter of—
(a)the period of 3 years beginning with the effective date of the transaction, and
(b)the period beginning with the effective date of the transaction and ending with the date on which the buyer disposes of the dwelling, or the dwellings, to a person who is not connected with the buyer.
Commencement Information
I1 Sch. 5 para. 21 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2