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


(1) Condition C is that, for the purpose of generating income or gains for the alternative finance investment bond—
(a) Q and P enter into a leaseback agreement, or
(b) such other condition or conditions as may be specified in regulations made by the Scottish Ministers is or are met.
(2) For the purposes of condition C, Q and P enter into a leaseback agreement if Q grants to P, out of the interest transferred to Q—
(a) a lease (if the interest transferred is the interest of the owner), or
(b) a sub-lease (if the interest transferred is the tenant's right over or interest in land subject to a lease).

---
Source: https://www.legislation.gov.uk/asp/2013/11/schedule/8/paragraph/10 (the official version)
Page: https://openlegislation.uk/land-and-buildings-transaction-tax-scotland-act-2013/schedule-8/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.