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

Interpretation

This section has no associated Explanatory Notes

4In this Part and in Part 5 of this Schedule, a transaction—

(a)that is relieved from tax by virtue of reconstruction relief, or

(b)on which tax is chargeable in accordance with paragraph 3 (acquisition relief),

is referred to as a “relieved transaction”.