# Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Paragraph 2

Extent: E+W

(1) In the case of a transaction subject to a public sector discount—
(a) section 19(1) (contingent consideration to be included in chargeable consideration on assumption that contingency will occur) does not apply, and
(b) any consideration that would be payable only if a contingency were to occur, or that is payable only because a contingency has occurred, does not count as chargeable consideration.
(2) A ““transaction subject to a public sector discount”” means—
(a) the sale of a dwelling at a discount, or the grant of a lease of a dwelling at a discount, by a relevant public sector body...
() . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The following are relevant public sector bodies for the purposes of this paragraph—
(a) a Minister of the Crown;
(b) the Welsh Ministers;
(c) a local housing authority within the meaning given by section 1 of the Housing Act 1985 (c. 68);
(d) a registered social landlord;
(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(f) a local policing body within the meaning of section 101(1) of the Police Act 1996 (c. 16);
(g) a person specified for the purposes of this paragraph by the Welsh Ministers by regulations.
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) In this paragraph—
...
“"registered social landlord”” (“"landlord cymdeithasol cofrestredig”") means a body registered as a social landlord in a register maintained under section 1(1) of the Housing Act 1996 (c. 52).

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Source: https://www.legislation.gov.uk/anaw/2017/1/schedule/15/paragraph/2 (the official version)
Page: https://openlegislation.uk/land-transaction-tax-and-anti-avoidance-of-devolved-taxes-wales-act-2017/schedule-15/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.