Land and Buildings Transaction Tax (Scotland) Act 2013 section Schedule 6A paragraph 2

Qualifying conditions for relief

Schedule 6A paragraph 2 sets out the two qualifying conditions that must be met for a land transaction to benefit from the relevant relief, both of which relate to social housing provision in Scotland.

• There are two alternative qualifying conditions — only one needs to be satisfied
• The first condition is that the transaction is carried out using powers under section 2 of the Housing (Scotland) Act 1987, which allows local authorities to provide housing accommodation
• The second condition is that the transaction is funded with the help of a grant or other financial assistance under section 2 of the Housing (Scotland) Act 1988, relating to the general functions of Scottish Homes
• Both conditions are aimed at transactions connected with the provision of social or affordable housing in Scotland