Land and Buildings Transaction Tax (Scotland) Act 2013

Interpretation

This section has no associated Explanatory Notes

3In this schedule—

  • “bond assets”, “bond-holder”, “bond-issuer” and “capital” have the meaning given by section 564G of the Income Tax Act 2007 (c.3),

  • “prescribed” means prescribed in regulations made by the Scottish Ministers,

  • “qualifying interest” means a major interest in land other than a lease for a period of 21 years or less.