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Finance Act 2003

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Changes over time for: Cross Heading: Indemnity given by purchaser

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Point in time view as at 06/04/2006.

Changes to legislation:

Finance Act 2003, Cross Heading: Indemnity given by purchaser is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Indemnity given by purchaserU.K.

16U.K.Where the purchaser agrees to indemnify the vendor in respect of liability to a third party arising from breach of an obligation owed by the vendor in relation to the land that is the subject of the transaction, neither the agreement nor any payment made in pursuance of it counts as chargeable consideration.

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