# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 16


In the case of an assignation of a lease the assumption by the assignee of the obligation—
(a) to pay rent, or
(b) to perform or observe any other undertaking of the tenant under the lease,
does not count as chargeable consideration for the assignation.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/19/paragraph/16 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-19/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.