# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 6: Qualifying investment zone land


(1) For the purposes of this schedule, transaction land is “qualifying investment zone land” to the extent that, on the effective date of the transaction—
(a) it is situated in an investment zone tax site, and
(b) the buyer intends it to be used exclusively in a qualifying manner.
(2) In this schedule, “investment zone tax site” means an area in Scotland which—
(a) is within an area which is identified as an investment zone in a document published by, or with the consent of, the Treasury for the purposes of section 113 of the Finance Act 2021 (and not withdrawn), and
(b) has been designated by regulations made under that section.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/16E/paragraph/6 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-16E/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.