{
  "url": "https://openlegislation.uk/land-transaction-tax-transitional-provisions-wales-regulations-2018/regulation-11",
  "json_url": "https://openlegislation.uk/land-transaction-tax-transitional-provisions-wales-regulations-2018/regulation-11.json",
  "legislation": "wsi/2018/126",
  "legislation_title": "The Land Transaction Tax (Transitional Provisions) (Wales) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/land-transaction-tax-transitional-provisions-wales-regulations-2018",
  "path": "regulation/11",
  "kind": "regulation",
  "number": "11",
  "heading": "Variation of lease treated as grant of new lease",
  "text": "(1) This regulation applies to a lease granted prior to the commencement date (to which the provisions of Schedule 17A to the FA 2003 apply) where there is a variation of the lease on or after the commencement date to increase the amount of rent, which, if it had been before that date, would have been a variation to which paragraph 13(1) of that Schedule would have applied.\n(2) Where this regulation applies, for the purposes of paragraph 25 of Schedule 6 to the LTT Act—\n(a) the variation of the lease is treated as the grant of a lease; and\n(b) the chargeable consideration (other than in respect of any consideration other than rent) is the additional rent.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/wsi/2018/126/regulation/11",
    "retrieved_at": "2026-10-28T23:24:10.253448+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}