This section has no associated Explanatory Notes
[F1 12 .SThe minimum prescribed amount is such proportion as may be prescribed by the Scottish Ministers by order of—
where—
TT is the amount of tax that would be due in respect of the transaction but for this schedule, and
RT is the tax due in relation to remaining property.]
Textual Amendments
F1Sch. 5 paras. 11, 12 substituted (1.4.2015) by S.S.I. 2015/123, arts. 1, 8
Commencement Information
I1Sch. 5 para. 12 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2