Schedule 20 – Relief for acquisitions by public bodies and health bodies
Relief for certain acquisitions involving public bodies
405.Paragraph 1 of this Schedule provides relief from LTT for certain land transactions entered into between qualifying public bodies in connection with a statutory reorganisation. Relief may also be claimed where the Welsh Ministers make regulations under sub-paragraph (2) where there is a reorganisation and one of the parties to the land transaction is a public body.
406.In this paragraph, “reorganisation” means changes involving:
the establishment, reform or abolition of one or more public bodies;
the creation, alteration or abolition of functions to be discharged by one or more public bodies; or
the transfer of functions from one public body to another.
407.Sub-paragraph (4) provides a list of those entities that constitute a public body for the purposes of this paragraph. References to public body in this paragraph also include a company where all the shares of the company are owned by the public body and the public body is a wholly owned subsidiary of such a company.
408.The Welsh Ministers may add to the list of public bodies in sub-paragraph (4) by regulation.
Relief for acquisitions by certain health service bodies
409.Paragraph 2 of this Schedule provides relief from LTT where the buyer is a specific health authority defined as follows:
a Local Health Board established under section 11 of the National Health Service (Wales) Act 2006;
a Special Health Authority established under section 22 of the National Health Service (Wales) Act 2006; and
a National Health Service Trust established under section 18 of the National Health Service (Wales) Act 2006.
410.The Welsh Ministers may through regulations add to the list of health bodies entitled to claim this relief.
