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

SCHEDULE 4 Relief for certain acquisitions of residential property

PART 6 Interpretation

Meaning of “property trader” and “principal”

26 For the purposes of this schedule—

(a) anything done by or in relation to a company connected with a property trader is treated as done by or in relation to that property trader, and

(b) references to the principals or employees of a property trader include the principals or employees of any such company.