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

PART 4 E+W LEASES

32 Leases E+W

(1) In this Act, “"lease”” means—

(a) an interest or right in or over land for a term of years (whether fixed or periodic), or

(b) any other interest or right in or over land terminable by a period of notice or by notice at any time (other than a tenancy at will, being an exempt interest by virtue of section 5(1)(c)).

(2) Schedule 6 makes further provision about leases.

Commencement Information

I1 S. 32(2) in force at 18.10.2017 for specified purposes by S.I. 2017/953, art. 2(f)