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

SCHEDULE 18 Trusts

PART 1 Overview

Overview

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

(2) It is arranged as follows—

• Part 2 makes provision for the application of this Act to trusts generally,

• Part 3 makes provision for the treatment of certain transactions involving bare trusts,

• Part 4 makes provision for the treatment of certain transactions involving settlements,

• Part 5 makes provision for the liability of trustees of a settlement to pay the tax and make returns and declarations,

• Part 6 defines expressions used in this schedule.