# Finance Act 2003, Paragraph 2: Qualifying land


For the purposes of this Schedule, transaction land is “qualifying land” if, on the effective date of the transaction—
(a) it is situated in a special tax site, and
(b) the purchaser intends it to be used exclusively in a qualifying manner.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/6C/paragraph/2 (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-6C/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.