SDLTM09120 - Effective date of transaction: Section 75A (6)

(This page was introduced on 15 January 2020)

The effective date of the notional transaction is taken to be:

• the last date of completion of the scheme transactions, or
• if earlier, the last date on which a contract in respect of the scheme transactions is substantially performed.

For further guidance on substantial performance, please see SDLTM07700 onwards.