SCHEDULE 9Crofting community right to buy relief
The relief
1
This schedule applies where—
a
a chargeable transaction is entered into in pursuance of the crofting community right to buy, and
b
under that transaction two or more crofts are being bought.
2
The tax chargeable in respect of the transaction is the prescribed proportion of the tax that would otherwise be chargeable but for this paragraph.
3
The prescribed proportion is such proportion as may be prescribed by the Scottish Ministers by order.
4Interpretation
In this schedule “crofting community right to buy” means the right exercisable by a crofting community body under Part 3 of the Land Reform (Scotland) Act 2003 (asp 2).