# Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Section 20: Uncertain or unascertained consideration


(1) Where the whole or part of the chargeable consideration for a transaction is uncertain or unascertained, its amount or value is to be determined for the purposes of this Act on the basis of a reasonable estimate.
(2) In this Act, “"uncertain””, in relation to consideration, means that its amount or value depends on uncertain future events.

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Source: https://www.legislation.gov.uk/anaw/2017/1/section/20 (the official version)
Page: https://openlegislation.uk/land-transaction-tax-and-anti-avoidance-of-devolved-taxes-wales-act-2017/section-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.