2014 No. 279 (C. 27)

Land And Buildings Transaction Tax

The Land and Buildings Transaction Tax (Scotland) Act 2013 (Commencement No. 1) Order 2014

Made

Laid before the Scottish Parliament

Coming into force

The Scottish Ministers make the following Order in exercise of the power conferred by section 70(2) of the Land and Buildings Transaction Tax (Scotland) Act 20131.

Citation and commencement1

This Order may be cited as the Land and Buildings Transaction Tax (Scotland) Act 2013 (Commencement No. 1) Order 2014 and comes into force on 7th November 2014.

Day appointed2

1

The day appointed for the coming into force of the provisions of the Land and Buildings Transaction Tax (Scotland) Act 2013 specified in column 1 of the table in the Schedule to this Order (the subject matter of which is specified in column 2 of that table) is 7th November 2014.

2

Where a purpose is specified in column 3 of that table, a provision mentioned in column 1 comes into force in accordance with paragraph (1) only for that purpose.

JOHN SWINNEYA member of the Scottish GovernmentSt Andrew’s House,Edinburgh

SCHEDULE

Article 2

Column 1

(provision of the Land and Buildings Transaction Tax (Scotland) Act 2013)

Column 2

(subject matter)

Column 3

(purpose)

Section 24

Tax rates and tax bands

Section 27(1)

Reliefs

For the purpose of the commencements below in schedules 5, 11 and 13

Section 27(3) and (4)

Reliefs

Section 42

Regulations about applications to defer payment in case of contingent or uncertain consideration

Section 52(1)

Application of the Land and Buildings Transaction Tax (Scotland) Act 2013 to leases

For the purpose of the commencement below in schedule 19

Section 53

Regulations concerning non-residential licences

Section 59

Meaning of “residential property”

For the purpose of making orders

Paragraph 12 of schedule 5

Prescribed proportion for multiple dwellings relief

For the purpose of making orders

Paragraph 6 of schedule 11

Prescribed proportion for acquisition relief

For the purpose of making orders

Paragraph 15 of schedule 13

Relevant territories for charities relief

For the purpose of making regulations

Paragraph 3 of schedule 19

Tax rates and tax bands for leases

EXPLANATORY NOTE

(This note is not part of the Order)

This Order brings into force certain provisions of the Land and Buildings Transaction Tax (Scotland) Act 2013 on 7th November 2014. The relevant provisions contain Ministerial powers to make subordinate legislation.

The Land and Buildings Transaction Tax (Scotland) Act 2013 received Royal Assent on 31st July 2013. Sections 54, 55, 67, 68, 69, 70 and 71 came into force on that day (section 54 was amended with effect from 25th September 2014 by paragraph 9(12) of schedule 4 to the Revenue Scotland and Tax Powers Act 2014).