Land and Buildings Transaction Tax (Scotland) Act 2013

This section has no associated Explanatory Notes

27SThe seller is regarded as leaving the group if the companies cease to be members of the same group by reason of a transaction relating to shares in—

(a)the seller, or

(b)another company that is above the seller in the group structure and as a result of the transaction ceases to be a member of the same group as the buyer.

Commencement Information

I1 Sch. 10 para. 27 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2