Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (anaw1)

SCHEDULE 7 E+W PARTNERSHIPS

PART 10 E+W INTERPRETATION

Transfer of a chargeable interest from a partnership E+W

49 E+W For the purposes of this Schedule, there is a transfer of a chargeable interest from a partnership in any case where—

(a) a chargeable interest that was partnership property ceases to be partnership property, or

(b) a chargeable interest is granted or created out of partnership property and the interest is not partnership property.

Commencement Information

I1 Sch. 7 para. 49 in force at 1.4.2018 by S.I. 2018/34, art. 3