# Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Section 32: Leases

Extent: E+W

(1) In this Act, “"lease”” means—
(a) an interest or right in or over land for a term of years (whether fixed or periodic), or
(b) any other interest or right in or over land terminable by a period of notice or by notice at any time (other than a tenancy at will, being an exempt interest by virtue of section 5(1)(c)).
(2) Schedule 6 makes further provision about leases.

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Source: https://www.legislation.gov.uk/anaw/2017/1/section/32 (the official version)
Page: https://openlegislation.uk/land-transaction-tax-and-anti-avoidance-of-devolved-taxes-wales-act-2017/section-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.