Land and Buildings Transaction Tax (Scotland) Act 2013 (asp 11)

SCHEDULE 11 S Reconstruction relief and acquisition relief

PART 1 S Introductory

Overview S

1 (1) This schedule provides for relief for certain transactions in connection with the reconstruction and acquisition of companies. S

(2) It is arranged as follows—

• Part 2 provides for when reconstruction relief is available,

• Part 3 provides for when acquisition relief is available,

• Part 4 provides for when the relief is withdrawn,

• [F1 Part 4A provides for recovery of tax where relief is withdrawn,]

• Part 5 defines expressions used in this schedule.

Textual Amendments

F1 Words in Sch. 11 para. 1(2) inserted (1.4.2015) by Revenue Scotland and Tax Powers Act 2014 (asp 16), s. 260(2), Sch. 4 para. 9(21)(a) (with ss. 257-259); S.S.I. 2015/110, art. 2(1)

Commencement Information

I1 Sch. 11 para. 1 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2