Section 50 — Finance Act 2003: Chargeable consideration

Chargeable consideration 50 1 Schedule 4 makes provision as to the chargeable consideration for a transaction.

2 The Treasury may by regulations amend or repeal the provisions of this Part relating to chargeable consideration and make such other provision as appears to them appropriate with respect to—

a what is to count as chargeable consideration, or b the determination of the amount of chargeable consideration.

3 The regulations may make different provision in relation to different descriptions of transaction or consideration and different circumstances.