Land and Buildings Transaction Tax (Scotland) Act 2013

Meaning of “property trader” and “principal”

This section has no associated Explanatory Notes

26For the purposes of this schedule—

(a)anything done by or in relation to a company connected with a property trader is treated as done by or in relation to that property trader, and

(b)references to the principals or employees of a property trader include the principals or employees of any such company.