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Status:
Point in time view as at 01/04/2016.
Changes to legislation:
There are currently no known outstanding effects for the Land and Buildings Transaction Tax (Scotland) Act 2013, Cross Heading: Arrangements that do not restrict availability of relief.

Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Arrangements that do not restrict availability of reliefS
9SThis paragraph applies to arrangements entered into with a view to an acquisition of shares by a company (“the acquiring company”)—
(a)in relation to which section 75 of the Finance Act 1986 (c.41) (stamp duty: acquisition relief) will apply,
(b)in relation to which the conditions for relief under that section will be met, and
(c)as a result of which the buyer will be a member of the same group as the acquiring company.
10SThis paragraph applies to arrangements in so far as they are for the purpose of facilitating a transfer of the whole or part of the business of a company to another company in relation to which—
(a)section 96 of the Finance Act 1997 (c.16) (stamp duty relief: demutualisation of insurance companies) is intended to apply, and
(b)the conditions for relief under that section are intended to be met.
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