# Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Paragraph 49


For the purposes of this Schedule, there is a transfer of a chargeable interest from a partnership in any case where—
(a) a chargeable interest that was partnership property ceases to be partnership property, or
(b) a chargeable interest is granted or created out of partnership property and the interest is not partnership property.

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Source: https://www.legislation.gov.uk/anaw/2017/1/schedule/7/paragraph/49 (the official version)
Page: https://openlegislation.uk/land-transaction-tax-and-anti-avoidance-of-devolved-taxes-wales-act-2017/schedule-7/paragraph-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.