SCHEDULE 6Relief for certain acquisitions by registered social landlords
The qualifying conditions
2
The qualifying conditions are—
(a)
that the registered social landlord is controlled by its tenants,
(b)
that the seller is one of the following—
(i)
a registered social landlord,
(ii)
the Scottish Ministers,
(iii)
a local authority, F1or
(c)
that the transaction is funded with the assistance of a grant or other financial assistance—
(i)
made or given by way of a distribution pursuant to section 25 of the National Lottery etc. Act 1993 (c.39) (application of money by distributing bodies), or
(ii)
under section 2 of the Housing (Scotland) Act 1988 (c.43) (general functions of the Scottish Ministers).