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

PART 4 E+W LEASES

32 Leases E+W

(1) In this Act, “"lease”” means—

(a) an interest or right in or over land for a term of years (whether fixed or periodic), or

(b) any other interest or right in or over land terminable by a period of notice or by notice at any time (other than a tenancy at will, being an exempt interest by virtue of section 5(1)(c)).

(2) Schedule 6 makes further provision about leases.

Commencement Information

I1 S. 32(1) in force at 1.4.2018 by S.I. 2018/34, art. 3

I2 S. 32(2) in force at 18.10.2017 for specified purposes by S.I. 2017/953, art. 2(f)

I3 S. 32(2) in force at 1.4.2018 in so far as not already in force by S.I. 2018/34, art. 3