# Land and Buildings Transaction Tax (Scotland) Act 2013, Paragraph 21


An interest held by a financial institution as a result of the first transaction within the meaning of paragraph 2(a) or 7(a) is an exempt interest for the purposes of the tax.

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Source: https://www.legislation.gov.uk/asp/2013/11/schedule/7/paragraph/21 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-7/paragraph-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.