Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 11 paragraph 12

Relief under Part 2 or Part 3 of this schedule

Paragraph 12 of Schedule 11 establishes that relief granted under Part 2 or Part 3 of the schedule can be withdrawn, either fully or partially, where specific conditions are met.

• Relief from LBTT may be available under Part 2 or Part 3 of Schedule 11 in certain qualifying circumstances.
• Such relief is not necessarily permanent and may be subject to withdrawal after it has been granted.
• Withdrawal of relief can be either total (full withdrawal) or partial, depending on the circumstances.
• The conditions that trigger withdrawal are set out in paragraphs 13 and 14 of Schedule 11, both of which must apply for withdrawal to take effect.