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Legislation
Finance Act 2003

Crossheading Application of provisions

  • Section 100 Companies
  • Section 101 Unit trust schemes
  • Section 102 Open-ended investment companies
  • Section 102A Co-ownership ... contractual schemes
  • Section 103 Joint purchasers
  • Section 104 Partnerships
  • Section 105 Trustees
  • Section 106 Persons acting in a representative capacity etc
  • Section 107 Crown application
  1. Application of provisions
  2. Persons acting in a representative capacity etc

Section 106 | Persons acting in a representative capacity etc

From legislation.gov.uk

(1)RepealedF1

(2)RepealedF2

(3)The personal representatives of a person who is the purchaser under a land transaction—

(a)are responsible for discharging the obligations of the purchaser under this Part in relation to the transaction, and

(b)may deduct any payment made by them under this Part out of the assets and effects of the deceased person.

(4)A receiver appointed by a court in the United Kingdom having the direction and control of any property is responsible for discharging any obligations under this Part in relation to a transaction affecting that property as if the property were not under the direction and control of the court.

Notes

  1. F1

    S. 106(1) omitted (with effect in accordance with s. 222(6) of the amending Act) by virtue of Finance Act 2012 (c. 14), s. 222(2)

  2. F2

    S. 106(2) omitted (with effect in accordance with s. 222(6) of the amending Act) by virtue of Finance Act 2012 (c. 14), s. 222(2)

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