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


A buyer holds the subject-matter of a transaction for qualifying charitable purposes if the buyer holds it—
(a) for use in the furtherance of the charitable purposes of the buyer or of another charity, or
(b) as an investment from which the profits are applied to the charitable purposes of the buyer.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/13/paragraph/3 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-13/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.