Paragraph 2 Full reliefF1
(1)
This paragraph applies to a land transaction if—
(a)
at least 90% of the chargeable consideration for the transaction is attributable to qualifying green freeport land, and
(b)
the effective date of the transaction is within the period beginning on 1 October 2023 and ending on 30 September 2028.
(2)
The transaction is exempt from charge.
Annotations
Textual amendments
- F1
Sch. 16D inserted (1.10.2023) by The Land and Buildings Transaction Tax (Green Freeports Relief) (Scotland) Order 2023 (S.S.I. 2023/280), art. 1(1), sch.