# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 6


(1) This paragraph applies where—
(a) a land transaction is entered into for the purposes of or in connection with the transfer of an undertaking or part of an undertaking, and
(b) the qualifying conditions are met.
(2) The tax chargeable in respect of the transaction is the prescribed proportion of the tax that would otherwise be chargeable but for this paragraph.
(3) The prescribed proportion is such proportion as may be prescribed by the Scottish Ministers by order.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/11/paragraph/6 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-11/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.