Land and Buildings Transaction Tax (Scotland) Act 2013

[F1 Full relief S

Textual Amendments

F1 Sch. 10A inserted (1.4.2015) by The Land and Buildings Transaction Tax (Sub-sale Development Relief and Multiple Dwellings Relief) (Scotland) Order 2015 (S.S.I. 2015/123) , arts. 1(1) , 7 , Sch.

9. (1) Where the subject-matter of the qualifying sub-sale is the whole subject-matter of the first contract, the land transaction— S

(a) effected as mentioned in section 9(1) on completion of the first contract, or

(b) treated as effected under section 10(1) on that contract being substantially performed,

is exempt from charge.

(2) The land transaction effected or treated as effected as mentioned in sub-paragraph (1) is “the first land transaction”.]