There are currently no known outstanding effects for the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Paragraph 23.
23(1)For the purposes of paragraph 22 (see Step 1), a person is a relevant owner if—E+W
(a)immediately after the transaction, that person is entitled to a proportion of the chargeable interest, and
(b)immediately before the transaction, that person was a partner or connected with a partner.
(2)For the purposes of paragraph 22 and this paragraph, persons who are entitled to a chargeable interest as beneficial joint tenants are to be taken to be entitled to the chargeable interest as beneficial tenants in common in equal shares.
Commencement Information
I1Sch. 7 para. 23 in force at 1.4.2018 by S.I. 2018/34, art. 3
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