4. The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017(1)is amended as follows—
(a)in section 30 (reliefs), in subsection (3), in the reference to paragraph 2 of Schedule 15, for “right to buy transaction” substitute “transaction subject to a public sector discount”;
(b)in Schedule 15 (relief for certain transactions relating to social housing)—
(i)in paragraph 1(2)—
(aa)in paragraph (a), for “right to buy transactions” substitute “transactions subject to a public sector discount”;
(bb)omit paragraph (d);
(ii)in paragraph 2 (relief for right to buy transaction)—
(aa)in sub-paragraph (1), in the opening words, for “a right to buy transaction” substitute “a transaction subject to a public sector discount”;
(bb)in sub-paragraph (2)—
(i)in the opening words, for “right to buy transaction”, substitute “transaction subject to a public sector discount”;
(ii)omit paragraph (b) and the “, or” preceding it;
(cc)omit sub-paragraph (4);
(dd)omit sub-paragraph (5);
(ee)in sub-paragraph (6), omit the definitions of “qualifying dwelling-house” and “qualifying person”;
(iii)accordingly—
(aa)the title of Part 2 becomes “Public Sector Discount Relief”, and
(bb)the heading of paragraph 2 becomes “Relief for public sector discount transactions”;
(c)in paragraph 3 (shared ownership lease: election for market value treatment) omit sub-paragraph (1)(a)(ii) and the “, or” preceding it;
(d)in paragraph 5 (shared ownership lease: election for market value treatment of premium where staircasing allowed), omit sub-paragraph (1)(a)(ii) and the “, or” preceding it;
(e)in paragraph 9 (shared ownership leases: interpretation)—
(i)omit sub-paragraph (1)(b) and the “, or” preceding it;
(ii)omit sub-paragraph (4);
(iii)omit sub-paragraph (5);
(f)omit paragraph 18 (Rent to mortgage: chargeable consideration).