PART 2THE TAX AND KEY CONCEPTS
CHAPTER 2LAND TRANSACTIONS
I18Linked transactions
1
For the purposes of this Act, a land transaction is a linked transaction if it is one of a number of land transactions forming part of a single scheme, arrangement or series of transactions between the same seller and buyer or, in either case, persons connected with them.
2
This section is subject to section 16 (exchanges; in particular see subsection (1) of that section which provides for transactions forming an exchange not to be treated as linked transactions).