Search Legislation

Land and Buildings Transaction Tax (Scotland) Act 2013

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

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Point in time view as at 01/04/2016.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. Help about Changes to Legislation

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.

Commencement Information

I1 Sch. 10 para. 9 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2

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.

Commencement Information

I2 Sch. 10 para. 10 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2

Back to top

Options/Help