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

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.

Commencement Information

I1 Sch. 8 para. 12 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2