Land and Buildings Transaction Tax (Scotland) Act 2013 section 52

Application of this Act to leases

Section 52 introduces the special rules that apply when LBTT is charged on transactions involving leases, and gives Scottish Ministers the power to amend those rules.

• Leases are subject to their own dedicated set of LBTT rules, contained in Schedule 19 of the Act.
• Schedule 19 covers how this Act applies to chargeable transactions that involve leases, including how the tax due is calculated.
• The Scottish Ministers have the power to change the provisions of Schedule 19 by making regulations.
• This means the detailed lease rules can be updated without requiring a new Act of Parliament.

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