Land and Buildings Transaction Tax (Scotland) Act 2013 (asp 11)

PART 2 S Key concepts

CHAPTER 2 S Provision about particular transactions

General rules for contracts requiring conveyance S

9 Completion without substantial performance S

(1) If the transaction is completed without previously having been substantially performed, the contract and the transaction effected on completion are treated as parts of a single land transaction.

(2) In this case the effective date of the transaction is the date of completion.

Modifications etc. (not altering text)

C1 S. 9 applied (1.4.2015) by The Land and Buildings Transaction Tax (Transitional Provisions) (Scotland) Order 2014 (S.S.I. 2014/377), arts. 1, 4(2)

Commencement Information

I1 S. 9 in force at 1.4.2015 by S.S.I. 2015/108, art. 2