This section has no associated Explanatory Notes
18SRelief under this schedule is partially withdrawn in relation to a relevant transaction if—
(a)an event occurs in the relevant period, and
(b)had the event occurred immediately before the [F1effective] date of the transaction—
(i)the transaction would have been a relevant transaction, but
(ii)more tax would have been payable in respect of the transaction.
Textual Amendments
F1 Word in Sch. 5 para. 18(b) substituted (7.11.2014) by Revenue Scotland and Tax Powers Act 2014 (asp 16) , s. 260(2) , Sch. 4 para. 9(19) (with ss. 257-259 ); S.S.I. 2014/278 , art. 2 , Sch.
Commencement Information
I1 Sch. 5 para. 18 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2