The Land Transaction Tax (Administration) (Wales) Regulations 2018 No. 2 (W. 2)

PART 1 General

Title and commencement

1.—(1) The title of these Regulations is the Land Transaction Tax (Administration) (Wales) Regulations 2018.

(2) These Regulations come into force on 1 April 2018.

Interpretation

2.  In these Regulations—

“the LTT Act” (“y Ddeddf TTT”) means the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017;

“the Schedule” (“yr Atodlen”) means Schedule 11 to the LTT Act;

“bond-issuer” (“dyroddwr bond”) is “B” as provided for by paragraph 6 of the Schedule;

“original owner” (“perchennog gwreiddiol”) is “A” as provided for by paragraph 6 of the Schedule; and

“UTRN” (“CUT”) means the unique transaction reference number allocated by WRA to a land transaction for the purposes of land transaction tax.