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

Valid from 01/04/2015

SCHEDULE 8 S Relief for alternative finance investment bonds

PART 3 S General conditions for operation of reliefs etc.

Condition E S

12 S Condition E is that the total of the payments of capital made to Q before the termination of the bond is not less than 60% of the value of the interest in the land at the time of the first transaction.