# Finance Act 2003, Paragraph 4B

Extent: E+W+S+N.I.

(1) For the purpose of determining the amount of tax chargeable on the grant of a shared ownership lease of a dwelling, the grant shall be treated as if it were not linked to—
(a) any acquisition of an interest in the dwelling to which paragraph 4A applies, or
(b) a transfer of the reversion to the lessee or lessees under the terms of the lease.
(2) In this paragraph “shared ownership lease” has the same meaning as in paragraph 4A.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/9/paragraph/4B (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-9/paragraph-4B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.