Determination of consideration for the purposes of regulations 3, 4 and 5: land situated partly in a disadvantaged area and partly outside such an area6
1
In determining the amount of any consideration for the purposes of regulation 3, 4 or 5, the provisions of section 92 and paragraphs 1 and 3 of Schedule 30 shall be disregarded save to the extent mentioned in the following paragraphs of this regulation.
2
Paragraphs (3) and (4) apply where the land in question is situated partly in a disadvantaged area and partly outside such an area.
3
For the purposes of regulations 3(2)(b) and 4(3)(b), the consideration shall be treated as being the attributed consideration.
4
For the purposes of regulation 5(3), the consideration to be apportioned shall be treated as being the attributed consideration and the apportionment shall be made as between—
a
the land in question to the extent that it is situated in a disadvantaged area and is residential property; and
b
the land in question to the extent that it is it is situated in a disadvantaged area and is not residential property.
5
“The attributed consideration” means the consideration which would be attributed under paragraph 1(2) of Schedule 30 to such part of the land as is situated in the disadvantaged area.