[F1Trustees in certain trustsS
Textual Amendments
F1Sch. 2A inserted (1.4.2016) by Land and Buildings Transaction Tax (Amendment) (Scotland) Act 2016 (asp 11), ss. 1(3), 5(2) (with s. 3)
7(1)This paragraph applies to a chargeable transaction which satisfies the conditions in paragraph 2(1)(a) and (b) if—S
(a)the buyer is acting as trustee of a settlement, and
(b)a beneficiary under the settlement has or will have a relevant interest in a dwelling that is or forms part of the subject-matter of the transaction.
(2)In paragraphs 2(1)(c) and (d), 2(2)(b) and (c), 5, 6 and 8(1)(b) and (c), references to the buyer are to be read as if they were references to the beneficiary.
(3)In paragraphs 2(2)(a) and 8(1)(a), references to the buyer are to be read as including references to the beneficiary.]