The Land and Buildings Transaction Tax (Administration) (Scotland) Regulations 2014 No. 375

PART 2 Applications to defer payment of tax

Interpretation

3.  In this Part—

“application” means an application under section 41;

“relevant event” means an event on the occurrence of which the whole or any part of the consideration to which an application relates will—

(a)

cease to be contingent; or

(b)

become certain; and

“Revenue Scotland” means Revenue Scotland as established by section 2 of the 2014 Act.