Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 15 paragraph 3

Definition of "planning obligation"

Schedule 15, paragraph 3 defines the term "planning obligation" as used within the context of LBTT provisions.

  • A "planning obligation" is a specific type of legal agreement related to planning and land use
  • It refers to an agreement made under section 75 of the Town and Country Planning (Scotland) Act 1997
  • Section 75 agreements are commonly used to secure developer contributions or restrict land use as a condition of planning permission
  • This definition ensures consistent interpretation of the term wherever it appears in the LBTT legislation

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