# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 12


(1) This Part of this schedule applies where—
(a) a partner transfers a chargeable interest to the partnership,
(b) a person transfers a chargeable interest to a partnership in return for an interest in the partnership, or
(c) a person connected with—
(i) a partner, or
(ii) a person who becomes a partner as a result of or in connection with the transfer,
transfers a chargeable interest to the partnership.
(2) This Part of this schedule applies whether the transfer is in connection with the formation of the partnership or is a transfer to an existing partnership.
(3) In this Part of this schedule—
“ the land transfer ” means the transaction mentioned in sub-paragraph (1), and
“ the partnership ” means the partnership to which the chargeable interest is transferred.
(4) This paragraph has effect subject to any election under paragraph 35.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/17/paragraph/12 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-17/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.