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

SCHEDULE 18 S Trusts

PART 2 S Treatment of trusts and beneficiaries generally

Interests of beneficiaries under certain trusts S

3 S The beneficiary is to be treated for the purpose of this Act as having a beneficial interest in the trust property despite the fact that no such interest is recognised by the law of Scotland or of the country or territory outwith the United Kingdom.

Commencement Information

I1 Sch. 18 para. 3 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2