Paragraph 12 I1F1
Scotland
The minimum prescribed amount is such proportion as may be prescribed by the Scottish Ministers by order of—
where—
TT is the amount of tax that would be due in respect of the transaction but for this schedule, and
RT is the tax due in relation to remaining property.
Annotations
Textual amendments
- F1
Sch. 5 paras. 11, 12 substituted (1.4.2015) by S.S.I. 2015/123, arts. 1, 8
Commencement
- I1
Sch. 5 para. 12 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2