Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section Schedule 18 paragraph 2A

Definition of "charity" for charities relief

Schedule 18 paragraph 2A defines what qualifies as a "charity" for the purposes of charities relief from Land Transaction Tax.

• A charity must be a body of persons or a trust established exclusively for charitable purposes.
• It must meet a jurisdiction condition, confirming it falls under the law of an appropriate territory.
• It must meet a registration condition, ensuring it is properly registered with the relevant charity regulator where required.
• It must meet a management condition, confirming that its managers are fit and proper persons.