OpenLegislation

Paragraph 8 I1

(1)

Where the consideration, or any of the consideration, in respect of a transaction is not in money, the limits set out in paragraph 6 apply to the value of the consideration.

(2)

Where, in determining whether a limit set out in paragraph 6 is exceeded, a question arises as to the value of the consideration in relation to a transaction and the persons concerned fail to reach agreement, for the purposes of the determination the question is to be decided by the Welsh Ministers.

Annotations

Commencement

I1

Sch. 12 para. 8 in force at 21.1.2021, see s. 175(1)(f)(2)