[Part 1 Key Terms]
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (2017 anaw 1) | Legislation

[SCHEDULE 21A Relief for Special Tax Sites]

[Part 1 Key Terms]

[Meaning of transaction land

1

In this Schedule, “transaction land”, in relation to a land transaction, means land a chargeable interest in which is the subject matter of the transaction.

[Meaning of special tax site

2

In this Schedule, “special tax site” means the areas designated as special areas by—

(a)     the Designation of Special Tax Sites (Celtic Freeport) Regulations 2024 (SI 2024/1035) as made on 16 October 2024;

(b)     the Designation of Special Tax Sites (Anglesey Freeport) Regulations 2024 (SI 2024/1286) as made on 4 December 2024.]

Meaning of qualifying land

3

For the purposes of this Schedule, transaction land is “qualifying land” if, on the effective date of the land transaction—

(a)

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