The amount of SDLT payable can be adjusted when the amount of consideration has been determined. This is the case where:

(a)in the case of contingent consideration, the contingency occurs or it becomes clear that it will not occur; or

(b)in the case of uncertain or unascertained consideration, an amount relevant to the calculation of the consideration, or any instalment of consideration, becomes ascertained, it may be necessary to reconsider the transaction (and any transaction in relation to which it is a linked transaction (see ¶50-300))

(s. 80(1)).

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