Land and Buildings Transaction Tax (Scotland) Act 2013

The qualifying conditions S

2 S The qualifying conditions are—

(a) that the registered social landlord is controlled by its tenants,

(b) that the seller is one of the following—

(i) a registered social landlord,

(ii) the Scottish Ministers,

(iii) a local authority, [F1 or]

(c) that the transaction is funded with the assistance of a grant or other financial assistance—

(i) made or given by way of a distribution pursuant to section 25 of the National Lottery etc. Act 1993 (c.39) (application of money by distributing bodies), or

(ii) under section 2 of the Housing (Scotland) Act 1988 (c.43) (general functions of the Scottish Ministers).

Textual Amendments

F1 Word in Sch. 6 para. 2(b)(iii) substituted (1.4.2015) by The Land and Buildings Transaction Tax (Addition and Modification of Reliefs) (Scotland) Order 2015 (S.S.I. 2015/93), arts. 1(2), 2(3)(b)

Commencement Information

I1 Sch. 6 para. 2 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2