Land and Buildings Transaction Tax (Scotland) Act 2013

Overview

This section has no associated Explanatory Notes

1(1)This schedule makes provision about the application of this Act in relation to partnerships.

(2)It is arranged as follows—

  • Part 2 makes general provision about the treatment of partnerships,

  • Part 3 makes provision about ordinary transactions involving a partnership,

  • Part 4 makes provision about transactions involving transfers from a partner or certain other persons to a partnership,

  • Part 5 makes provision about transactions involving transfers from a partnership to a partner or certain other persons (including transfers between partnerships),

  • Part 7 makes provision about transfers of interest in, and transactions involving, a property investment partnership,

  • Part 8 makes provision about the application of provisions of this Act on exemptions, reliefs, and notification to transactions falling within Parts 4 to 7,

  • Part 9 defines expressions used in this schedule.