Explanatory Notes

Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017

1

24 May 2017

Commentary on Sections

Part 8 – Interpretation and Final Provisions

Schedule 15 - Treatment of certain transactions relating to social housing

Part 4 - Shared ownership trusts

Shared ownership trust: the buyer

354. Paragraph 11 identifies the buyer in transactions involving shared ownership trusts, for the purposes of LTT.