Section 56

Cross references

S. 109(3)(b): general power to make regulations does not include power to vary any threshold, rate or amount mentioned in Sch. 5 (except for alterations to the descriptions of land transaction in respect of which tax is chargeable at any existing rate or amount).

S. 112(1)(a): power to make regulations amending Sch. 5 before the implementation date for SDLT.


INTRODUCTION

1  This Schedule provides for calculating the tax chargeable–

(a)in respect of a chargeable transaction for which the chargeable consideration consists of or includes rent, or

(b)where such a transaction is to be taken into account as a linked transaction.

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