Land and Buildings Transaction Tax (Scotland) Act 2013 section 6

Qualifying green freeport land

Section 6 of Schedule 16D defines what counts as "qualifying green freeport land" for the purposes of the green freeport relief provisions.

• Land must be situated within a designated green freeport tax site on the effective date of the transaction
• The buyer must intend to use the land exclusively in a qualifying manner
• A green freeport tax site is an area in Scotland falling within an area identified as a freeport in a Treasury-published document
• The specific tax site area must also have been formally designated by regulations made under section 113 of the Finance Act 2021