Textual Amendments
F1Sch. 2A inserted (1.4.2016) by Land and Buildings Transaction Tax (Amendment) (Scotland) Act 2016 (asp 11), ss. 1(3), 5(2) (with s. 3)
16(1)This paragraph applies where a person (“the liferenter”) holds a liferent over a dwelling under a proper liferent.S
(2)For the purposes of this schedule—
(a)the liferenter is to be treated as the owner of the dwelling, and
(b)the granter of the liferent and the fiar are to be treated as not being the owner.
(3)References in this schedule to “ownership” and “acquisition of ownership” are to be read accordingly.]