Land and Buildings Transaction Tax (Scotland) Act 2013

Valid from 01/04/2015

This section has no associated Explanatory Notes

6SThe agreement mentioned in paragraph 2(c) is not to be treated—

(a)as substantially performed unless and until the third transaction is entered into (and accordingly section 14 does not apply), or

(b)as a distinct land transaction by virtue of section 12 (options and rights of pre-emption).