Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section Schedule 7 paragraph 9

Responsible partners

Schedule 7 paragraph 9 identifies who the "responsible partners" are for the purposes of land transaction tax obligations and establishes that all responsible partners share the duty to fulfil those obligations.

• Any obligation or entitlement that would normally fall on the buyer of a property must instead be carried out by or applied to all the responsible partners collectively.
• The responsible partners include every person who was a partner in the partnership at the effective date of the transaction.
• Anyone who joins the partnership after the effective date of the transaction also becomes a responsible partner and shares in those obligations.
• These rules are subject to the separate provisions on representative partners, which allow certain partners to act on behalf of the group.