SCHEDULES

SCHEDULE 22Transfers involving multiple dwellings

Other amendments of Part 4 of FA 2003

4

In section 57 of FA 2003 (disadvantaged areas relief), insert at the end—

“(3)

Relief is not available under that Schedule in the case of any transaction for which relief under Schedule 6B is claimed.”

5

In section 87(3) of that Act (interest on unpaid tax), after paragraph (a) insert—

“(aza)

in the case of an amount payable by virtue of paragraph 6 of Schedule 6B (adjustment for change of circumstances), the date of the event;”.

6

In paragraph 9 of Schedule 5 to that Act (amount of tax chargeable: rent)—

(a)

in sub-paragraph (4), after “section 55” insert “ or Schedule 6B ”, and

(b)

in sub-paragraph (5), after “section” insert “ or Schedule ”.

7

In paragraph 12(2A) of Schedule 10 to that Act (notice of enquiry into return), for “or 81A (return or further return in consequence of later linked transaction)” substitute “ , 81A (return or further return in consequence of later linked transaction) or paragraph 6 of Schedule 6B (adjustment for change of circumstances) ”.

8

In paragraphs 11(2C) and 19(2C) of Schedule 15 to that Act (partnerships), in the substituted sub-paragraph (4), for “ as it has ” substitute “or Schedule 6B as they have”.