# Finance Act 2003, Paragraph 16

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

(1) This paragraph applies where—
(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(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),
(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or
(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).
(2) Schedule 6ZA (relief for first-time buyers) does not apply in relation to—
(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) the acquisition of the interest,
(c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . or
(d) the equity-acquisition payment and the consequential increase in the purchaser's beneficial interest.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/9/paragraph/6n1 (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-9/paragraph-6n1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.