# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 35C


For the purposes of paragraph 35B—
(a) “ relevant time ” means any time between the effective date of the relevant transaction and the change of control by virtue of which tax is chargeable, and
(b) a company (“company A”) is “above” another company (“company B”) in a group structure if company B, or another company that is above company B in the group structure, is a 75% subsidiary of company A.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/11/paragraph/35C (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-11/paragraph-35C
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.