This section has no associated Explanatory Notes
12(1)Where the whole or part of the consideration for a land transaction consists of the provision of services (other than the carrying out of works to which paragraph 11 applies), the value of that consideration is to be taken to be the amount that would have to be paid in the open market to obtain those services.S
(2)This paragraph is subject to paragraph 17 (arrangements involving public or educational bodies).
Commencement Information
I1 Sch. 2 para. 12 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2