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Land and Buildings Transaction Tax (Scotland) Act 2013

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This is the original version (as it was originally enacted).

7Buyer and seller
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(1)The buyer, in relation to a land transaction, is the person who acquires the subject-matter of the transaction.

(2)But a person is treated as the buyer only where that person has given consideration for, or is a party to, the transaction.

(3)The seller, in relation to a land transaction, is the person who disposes of the subject-matter of the transaction.

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