Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 16 para 2

Power to extend public bodies relief by order

Schedule 16, paragraph 2 gives the Scottish Ministers the power to extend the public bodies relief to additional land transactions that would not otherwise qualify under the main relief provision.

• The Scottish Ministers can make an order extending the public bodies relief to transactions not already covered by paragraph 1 of Schedule 16.
• The transaction must be carried out by or under a specific piece of legislation named in the order.
• Either the buyer or the seller in the transaction must be a public body.
• Where both conditions are met and an order has been made, the transaction is exempt from LBTT.