Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 65

Registration of land transactions

Section 65 explains the requirement to obtain a certificate from the Welsh Revenue Authority before a notifiable land transaction can be registered at the Land Registry, and sets out the exceptions to this rule.

• The Chief Land Registrar cannot register a notifiable land transaction unless a WRA certificate — confirming that a land transaction tax return has been filed — is submitted with the registration application.
• The certificate requirement does not apply where the Land Registry must make an entry automatically (without an application) or where the entry relates to an interest other than the one the buyer acquired in the transaction.
• Certain types of deemed land transactions are excluded from the registration requirement altogether, including contracts treated as land transactions, notional transactions, agreements for lease, and certain lease variations.
• The Welsh Ministers may make regulations about WRA certificates, including conditions for issue, duplicate certificates, and multiple certificates where a single return covers more than one transaction.