Paragraph 21 I1
“The relevant period” means the shorter of—
(a)
the period of 3 years beginning with the effective date of the transaction, and
(b)
the period beginning with the effective date of the transaction and ending with the date on which the buyer disposes of the dwelling, or the dwellings, to a person who is not connected with the buyer.
Annotations
Commencement
- I1
Sch. 5 para. 21 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2