Free legislation on LexisWeb is as enacted and does not take into account any amendments
(1) Transactions are “linked” for the purposes of this Part if they form part of a single scheme, arrangement or series of transactions between the same vendor and purchaser or, in either case, persons connected with them.
Section 839 of the Taxes Act 1988 (connected persons) has effect for the purposes of this subsection
(2) Where there are two or more linked transactions with the same effective date, the purchaser, or all of the purchasers if there is more than one, may make a single land transaction return as if all of those transactions that are notifiable were a single notifiable transaction.
(3) Where two or more purchasers make a single return in respect of linked transactions, section 103 (joint purchasers) applies as if—
(a) the transactions in question were a single transaction, and
(b) those purchasers were purchasers acting jointly.
This Act received Royal Assent on 10 July 2003: for provision as to the commencement and application of this section see s 124 and Sch 19.