# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 3


(1) The grant, assignation or renunciation of—
(a) a lease of residential property (which is not a qualifying lease), or
(b) a licence to occupy property (which is not a prescribed non-residential licence),
is an exempt transaction.
(2) For the purposes of sub-paragraph (1)(a), a transaction in respect of a lease of residential property is exempt only if—
(a) the main subject-matter of the transaction consists entirely of an interest in land that is residential property, or
(b) where the transaction is one of a number of linked transactions, the main subject-matter of each transaction consists entirely of such an interest.
(3) In sub-paragraph (1)(a), “qualifying lease” has the same meaning as in the Long Leases (Scotland) Act 2012 (asp 9).
(4) In sub-paragraph (1)(b), “prescribed non-residential licence” means a licence of a description prescribed by the Scottish Ministers in regulations under section 53(1).

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.