65 Incorporation of limited liability partnership
Finance Act 2003 (2003 c 14) | Legislation

65  Incorporation of limited liability partnership

(1)     A transaction by which a chargeable interest is transferred by a person (“the transferor”) to a limited liability partnership in connection with its incorporation is exempt from charge if the following three conditions are met.

(2)     The first condition is that the effective date of the transaction is not more than one year after the date of incorporation of the

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