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 B S

9 S Condition B is that—

(a) Q, as bond-issuer, enters into an alternative finance investment bond (whether before or after entering into the arrangements mentioned in paragraph 8), and

(b) the interest in land to which those arrangements relate is held by Q as a bond asset.

Commencement Information

I1 Sch. 8 para. 9 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2