Regulation 27 Interpretation of this Chapter

In this Chapter—

(a)

“eligible co-ownership scheme” has the meaning given by regulation 29 (1);

(b)

“unauthorised contractual scheme” means a co-ownership scheme that is—

(i)

not authorised for the purposes of FISMA 2000 by an authorisation order in force under section 261D(1) of that Act^f1,

(ii)

not a RIF, and

(iii)

not an eligible co-ownership scheme;

(c)

where an expression in this Chapter is defined in Part 4 of FA 2003 (stamp duty land tax)^f2, it has the meaning given by that Part.

Annotations

f1: Section 261D was inserted by S.I. 2013/1388. Relevant amendments were made by S.I. 2018/696.
f2: Part 4 defines what is meant by “land transaction”, “chargeable consideration”, “chargeable interest” and “market value”.