Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 15 paragraph 2

Qualifying conditions

Schedule 15 paragraph 2 sets out the three conditions that must all be met for a land transaction linked to a planning obligation to qualify for relief.

• The planning obligation or its modification must be enforceable against the seller of the land.
• The buyer must be a public body.
• The effective date of the transaction must fall within five years of the date the planning obligation was entered into or modified.
• All three conditions must be satisfied together for the relief to apply.