# Finance Act 2003, Paragraph 29: Acquisition of interest in partnership not chargeable except as specially provided


Except as provided by—
(a) paragraph 10 (transfer of chargeable interest to a partnership), or
(b) paragraph 14 (transfer of partnership interest: consideration given and chargeable interest held), or
(c) paragraph 17 (transfer of partnership interest pursuant to earlier arrangements),
the acquisition of an interest in a partnership is not a chargeable transaction, notwithstanding that the partnership property includes land.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/15/paragraph/29 (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-15/paragraph-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.