# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 10


Any transfer to the person that results from the exercise of the right mentioned in paragraph 7(c) (“a further transaction”) is exempt from charge if—
(a) the provisions of this Act relating to the first transaction are complied with, and
(b) at all times between the first and the further transaction—
(i) the interest purchased under the first transaction is held by a financial institution and the person as common owners, and
(ii) the land is occupied by the person under the agreement mentioned in paragraph 7(b).

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/7/paragraph/10 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-7/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.