SCHEDULES
SCHEDULE 2Welsh tax on land transactions: consequential amendments
Finance Act 2003
F19A
1
Paragraph 6 of Schedule 6ZA (relief for first-time buyers: definition of “first-time buyer”) is amended as follows.
2
In sub-paragraph (1)(b)—
a
after “acquired” insert
—
i
b
at the end insert
or
ii
an interest of a kind mentioned in section 117(2) in a dwelling situated in Wales,
3
In sub-paragraph (2) after “lease” insert “or, in the case of a dwelling situated in Wales, a term of years absolute”.