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Status:
Point in time view as at 01/04/2015.
Changes to legislation:
There are currently no known outstanding effects for the Land and Buildings Transaction Tax (Scotland) Act 2013, Cross Heading: Assignation of lease: assumption of obligations by assignee.

Changes to Legislation
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Assignation of lease: assumption of obligations by assigneeS
16 SIn the case of an assignation of a lease the assumption by the assignee of the obligation—
(a)to pay rent, or
(b)to perform or observe any other undertaking of the tenant under the lease,
does not count as chargeable consideration for the assignation.
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