Paragraph 30 I1
The amount chargeable is the tax that would have been chargeable in respect of the relevant transaction but for the relief if the chargeable consideration for that transaction had been an amount equal to—
(a)
the market value of the subject-matter of the transaction,
(b)
if the acquisition was the grant of a lease, the rent.
Annotations
Commencement
- I1
Sch. 11 para. 30 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2