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 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.