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

20Uncertain or unascertained consideration
This section has no associated Explanatory Notes

(1)Where the whole or part of the chargeable consideration for a transaction is uncertain or unascertained, its amount or value is to be determined for the purposes of this Act on the basis of a reasonable estimate.

(2)In this Act, “uncertain”, in relation to consideration, means that its amount or value depends on uncertain future events.