Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section Schedule 11 paragraph 12

Condition 7: transfer back to original owner within required timeframes

Schedule 11 paragraph 12 sets out Condition 7, which requires that when land ceases to be held as a bond asset, it must be transferred back to the original owner within specific time limits.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.