# Finance Act 2003, Paragraph 6C


(1) Where paragraph 6A or 6B (“the modifying paragraph”) applies and the first transaction (within the meaning of that paragraph) is treated under paragraph 2(3) as two separate chargeable transactions, references in the modifying paragraph to the first transaction include those separate transactions.
(2) If the subject-matter of the second transaction (within the meaning of paragraph 6A) includes a chargeable interest other than a higher threshold interest, that fact is ignored in determining for the purposes of paragraph 6A—
(a) whether that transaction meets the condition in paragraph 3(3), or
(b) whether it would qualify for relief under any of paragraphs 5(1), 5B(1), 5D(1) , 5F(1) and 5FA.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/4A/paragraph/6C (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-4A/paragraph-6C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.