Land and Buildings Transaction Tax (Scotland) Act 2013 (asp 11)

SCHEDULE 13 S Charities relief

Valid from 01/04/2015

Withdrawal of relief S

5 S A “disqualifying event” means—

(a) the buyer ceasing to be established for charitable purposes only, or

(b) the subject-matter of the relevant transaction, or any interest or right derived from it, being held or used by the buyer otherwise than for qualifying charitable purposes.