{
  "url": "https://openlegislation.uk/finance-act-2003/schedule-9/paragraph-6n1",
  "json_url": "https://openlegislation.uk/finance-act-2003/schedule-9/paragraph-6n1.json",
  "legislation": "ukpga/2003/14",
  "legislation_title": "Finance Act 2003",
  "legislation_url": "https://openlegislation.uk/finance-act-2003",
  "path": "schedule/9/paragraph/6n1",
  "kind": "paragraph",
  "number": "16",
  "heading": null,
  "text": "(1) This paragraph applies where—\n(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(c) paragraph 4A applies in relation to the acquisition of an interest (but the acquisition is not exempt from charge by virtue of sub-paragraph (2) of that paragraph),\n(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or\n(e) an equity-acquisition payment is made under a shared ownership trust (but the equity-acquisition payment, and the consequential increase in the purchaser's beneficial interest, are not exempt from charge by virtue of paragraph 10).\n(2) Schedule 6ZA (relief for first-time buyers) does not apply in relation to—\n(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(b) the acquisition of the interest,\n(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or\n(d) the equity-acquisition payment and the consequential increase in the purchaser's beneficial interest.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 9 para. 16 and cross-heading inserted (with effect in accordance with s. 41(8) of the amending Act) by Finance Act 2018 (c. 3), s. 41(5)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 9 para. 16(1)(a) omitted (with effect in accordance with s. 42(7) of the amending Act) by virtue of Finance Act 2019 (c. 1), s. 42(6)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 9 para. 16(1)(b) omitted (with effect in accordance with s. 42(7) of the amending Act) by virtue of Finance Act 2019 (c. 1), s. 42(6)(a)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sch. 9 para. 16(1)(d) omitted (with effect in accordance with s. 42(7) of the amending Act) by virtue of Finance Act 2019 (c. 1), s. 42(6)(a)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Sch. 9 para. 16(2)(a) omitted (with effect in accordance with s. 42(7) of the amending Act) by virtue of Finance Act 2019 (c. 1), s. 42(6)(b)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Sch. 9 para. 16(2)(c) omitted (with effect in accordance with s. 42(7) of the amending Act) by virtue of Finance Act 2019 (c. 1), s. 42(6)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2003/14/schedule/9/paragraph/6n1",
    "retrieved_at": "2026-10-29T09:18:27.996599+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}