27ReliefsS
This section has no associated Explanatory Notes
(1)The following schedules provide for reliefs from the tax in relation to certain land transactions—
schedule 3 (sale and leaseback relief),
schedule 4 (relief for certain acquisitions of residential property),
schedule 5 (multiple dwellings relief),
schedule 6 (relief for certain acquisitions by registered social landlords),
schedule 7 (alternative property finance relief),
schedule 8 (relief for alternative finance investment bonds),
schedule 9 (crofting community right to buy relief),
schedule 10 (group relief),
[schedule 10A (sub-sale development relief),]
schedule 11 (reconstruction relief and acquisition relief),
schedule 12 (relief for incorporation of limited liability partnership),
schedule 13 (charities relief),
[schedule 13A (friendly societies relief),
schedule 13B (building societies relief),]
schedule 14 (relief for certain compulsory purchases),
schedule 15 (relief for compliance with planning obligations),
schedule 16 (public bodies relief).
[schedule 16A (visiting forces and international military headquarters reliefs),
schedule 16B (relief for property accepted in satisfaction of tax),
schedule 16C (lighthouses relief).]
(2)Any relief under any of those schedules must be claimed in the first return made in relation to the transaction or in an amendment of that return.
[(2A)For the period allowed for amendment of returns, see section 83 of the Revenue Scotland and Tax Powers Act 2014 (asp 16).]
(3)The Scottish Ministers may, by order, modify this Act so as to—
(a)add a relief,
(b)modify an existing relief, or
(c)remove a relief.
(4)An order under subsection (3) may also modify any other enactment that the Scottish Ministers consider appropriate.
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