Finance Act 2008

Amendment of section 45A (aggregation of transactions) of Principal Act.

113.— (1) Section 45A of the Principal Act is amended in subsection (3) by substituting “is equal to the value of the dwellinghouse.” for “, or which would be so attributable if the contents of residential property were considered to be residential property, is equal to the value of the dwellinghouse and contents therein.”.

(2) This section applies as respects instruments executed on or after 5 November 2007.