# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 19


An “appropriate proportion” means an appropriate proportion having regard to—
(a) the subject-matter of the relevant transaction, and
(b) what is held at the relevant time by the buyer or, as the case may be, by the buyer and its relevant associated companies.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/10/paragraph/19 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-10/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.