# Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Paragraph 5


The acquisition of an interest in a partnership is not a chargeable transaction despite the partnership property including land, except as provided by—
(a) paragraph 18 (transfer of interest pursuant to earlier arrangements);
(b) paragraph 34 (transfer of interest in property-investment partnership).

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Source: https://www.legislation.gov.uk/anaw/2017/1/schedule/7/paragraph/5 (the official version)
Page: https://openlegislation.uk/land-transaction-tax-and-anti-avoidance-of-devolved-taxes-wales-act-2017/schedule-7/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.