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

20Uncertain or unascertained considerationE+W
This section has no associated Explanatory Notes

(1)Where the whole or part of the chargeable consideration for a transaction is uncertain or unascertained, its amount or value is to be determined for the purposes of this Act on the basis of a reasonable estimate.

(2)In this Act, “"uncertain””, in relation to consideration, means that its amount or value depends on uncertain future events.

Commencement Information

I1S. 20 in force at 1.4.2018 by S.I. 2018/34, art. 3