SCHEDULE 5

Multiple dwellings relief
PART 2

Transactions to which this schedule applies

The rule
2
This schedule applies to relevant transactions.
3
A relevant transaction is a transaction (other than a transaction to which schedule 19 (leases) applies) that is—
a
within paragraph 4 or paragraph 5, and
b
not excluded by paragraph 6.

Single transaction relating to multiple dwellings
4
A transaction is within this paragraph if its main subject-matter consists of—
a
an interest in at least two dwellings, or
b
an interest in at least two dwellings and other property.

Linked transactions relating to multiple dwellings
5
A transaction is within this paragraph if—
a
its main subject-matter consists of—
i
an interest in a single dwelling, or
ii
an interest in a single dwelling and other property,
b
it is one of a number of linked transactions, and
c
the main subject-matter of at least one of the other linked transactions consists of—
i
an interest in some other dwelling or dwellings, or
ii
an interest in some other dwelling or dwellings and other property.

Excluded transactions
6
A transaction is excluded by this paragraph if—
a
relief under schedule 9 (crofting community right to buy) is available for it, or
b
relief under schedule 10 (group relief), 11 (reconstruction relief and acquisition relief) or 13 (charities relief)—
i
is available for it, or
ii
has been withdrawn from it.
Sch. 5 para. 2 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
Sch. 5 para. 3 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
Sch. 5 para. 4 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
Sch. 5 para. 5 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2
Sch. 5 para. 6 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2