Search Legislation

Tax Collection and Management (Wales) Act 2016

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 38A

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the Tax Collection and Management (Wales) Act 2016, Section 38A. Help about Changes to Legislation

[F138ADuty to keep and preserve records: land transactions in respect of which no tax return is required.E+W

This section has no associated Explanatory Notes

(1)This section applies in relation to a land transaction, other than a transaction of a type listed in section 65(4) of LTTA, in respect of which no tax return is required to be made.

(2)The buyer in a land transaction in relation to which this section applies must—

(a)keep any records that may be needed to enable the buyer to demonstrate that no tax return is required to be made, and

(b)preserve any records that may be needed for that purpose.

(3)The records must be preserved until the end of the relevant date.

(4)The ““relevant date”” is the sixth anniversary of the effective date of the transaction.

(5)But if WRA specifies an earlier date under this subsection, the ““relevant date”” is the date specified.

(6)Different dates may be specified for different purposes under subsection (5).

(7)In subsection (4), “"effective date”” has the same meaning as in LTTA.]

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open The Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act without Schedules as a PDF

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?