Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section 78

Power to make consequential etc provision

Section 78 grants the Welsh Ministers a broad power to make regulations dealing with incidental, consequential, or transitional matters arising from the Act, subject to additional scrutiny where those regulations could increase or create a tax charge.

• The Welsh Ministers may make regulations for incidental, consequential, supplemental, transitional, transitory, or saving provisions they consider appropriate in connection with the Act.
• Such regulations have wide-ranging power, including the ability to amend, revoke, or repeal any existing legislation, even provisions within the Act itself.
• Where the Welsh Ministers consider that proposed regulations could result in a higher amount of land transaction tax being charged, or could create a tax charge where none previously existed, the regulations must go through an enhanced approval process.
• This enhanced process requires a draft of the regulations to be laid before the Senedd Cymru (Welsh Parliament) and approved by a resolution before the regulations can be made.