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

[F1 SCHEDULE 21A E+W RELIEF FOR SPECIAL TAX SITES

Textual Amendments

F1 Sch. 21A inserted (26.11.2024) by The Land Transaction Tax (Relief for Special Tax Sites) (Wales) Regulations 2024 (S.I. 2024/1193), regs. 1(2), 2(5)

PART 3 E+W Withdrawal of relief

Disposal of interest in part of qualifying land during control period E+W

12. (1) This paragraph applies where the buyer ceases to hold a chargeable interest in part of the qualifying land during the control period. E+W

(2) The references in paragraphs 10 and 11 to the qualifying land are to be treated as references only to the part of the qualifying land in relation to which the buyer still holds a chargeable interest (whether the chargeable interest acquired in the land transaction relieved from tax under Part 2 of this Schedule or another chargeable interest).]