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

SCHEDULE 7 E+W PARTNERSHIPS

PART 2 E+W GENERAL PROVISIONS

Acquisition of interest in partnership not chargeable except as specially provided E+W

5 E+W The acquisition of an interest in a partnership is not a chargeable transaction despite the partnership property including land, except as provided by—

(a) paragraph 18 (transfer of interest pursuant to earlier arrangements);

(b) paragraph 34 (transfer of interest in property-investment partnership).

Commencement Information

I1 Sch. 7 para. 5 in force at 1.4.2018 by S.I. 2018/34, art. 3