# Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Section 68: Meaning of major interest in land


References in this Act to a ““major interest”” in land are to—
(a) an estate in fee simple absolute, or
(b) a term of years absolute,
whether subsisting at law or in equity.

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Source: https://www.legislation.gov.uk/anaw/2017/1/section/68 (the official version)
Page: https://openlegislation.uk/land-transaction-tax-and-anti-avoidance-of-devolved-taxes-wales-act-2017/section-68
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.