This section has no associated Explanatory Notes
5E+WThe acquisition of an interest in a partnership is not a chargeable transaction despite the partnership property including land, except as provided by—
(a)paragraph 18 (transfer of interest pursuant to earlier arrangements);
(b)paragraph 34 (transfer of interest in property-investment partnership).
Commencement Information
I1Sch. 7 para. 5 in force at 1.4.2018 by S.I. 2018/34, art. 3