(1) In this section -
"site" in relation to an instrument of conveyance, transfer or lease, means land comprising both - (a) the area of land on which a dwelling house, referred to in subsection (3) (c), is to be constructed, and (b) an area of land for occupation and enjoyment with that dwelling house as its gardens or grounds which, exclusive of the area referred to in paragraph (a), does not exceed 0.4047 hectare, but does not include an area of land on which a building is situated which building at the date of execution of that instrument - (i) was used or was suitable for use as a dwelling or for other purposes, or (ii) was in the course of being constructed or adapted for use as a dwelling or for other purposes.
(2) Stamp Duty shall not be chargeable on any conveyance, transfer or lease of a site to which this section applies.
(3) This section applies to any instrument which operates as a conveyance, transfer or lease of a site and which contains a statement, in su
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