# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 32


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 acquiring company or, as the case may be, by that company and any relevant associated companies.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/11/paragraph/32 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-11/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.