Relief under Part 3
This
adran has no associated
Nodiadau Esboniadol
14Relief under Part 3 of this schedule (acquisition by property trader from individual acquiring new dwelling) is withdrawn if the property trader—
(a)spends more than the permitted amount on refurbishment of the old dwelling,
(b)grants a lease or licence of the old dwelling, or
(c)permits any of its principals or employees (or any person connected with any of its principals or employees) to occupy the old dwelling.