Textual Amendments
1.(1)Relief may be claimed in respect of any chargeable transaction if—
(a)it is an acquisition of a major interest in land (see section 60),
(b)the land consists entirely of residential property and includes a dwelling,
(c)the buyer, or (if more than one) each of the buyers, is a first-time buyer who intends to occupy the dwelling as the buyer’s only or main residence,
(d)the transaction is not one of a number of linked transactions, and
(e)the transaction is not one to which schedule 2A (additional amount: transactions relating to second homes etc.) applies.
(2)Sub-paragraph (1)(d) does not apply if the main subject-matter of the other linked transaction is land referred to in paragraphs 26 or 27 of schedule 5 (multiple dwellings relief: what counts as a dwelling) and the dwelling referred to in those paragraphs is the dwelling mentioned in sub-paragraph (1)(b).
(3)Where there is a linked transaction (not subject to the exception in sub-paragraph (2)) following relief being claimed under this paragraph, the relief is withdrawn.]