Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 69

Meaning of subject-matter and main subject-matter

Section 69 defines what is meant by the "subject-matter" and the "main subject-matter" of a land transaction for the purposes of Land Transaction Tax.

• The "main subject-matter" of a land transaction is the chargeable interest that is being acquired.
• The "subject-matter" includes the main subject-matter plus any additional rights or interests that come with it.
• Additional rights or interests are those that are appurtenant to or connected with the main chargeable interest, such as rights of way or easements.
• This definition applies throughout the Act unless a specific provision states otherwise.