(introduced by section 16)

Commencement Date

Sch. 1 comes into effect on 1 April 2015 (SSI 2015/108, art. 2).


NO CHARGEABLE CONSIDERATION

Related Commentary  

1  A land transaction is an exempt transaction if there is no chargeable consideration for the transaction.

ACQUISITIONS BY THE CROWN

Related Commentary  

2  A land transaction under which the buyer is any of the following is an exempt transaction–

(a)the Scottish Ministers,

(b)the Scottish Parliamentary Corporate Body,

(c)a Minister of the Crown,

(d)the Corporate Officer of the House of Lords,

(e)the Corporate Officer of the House of Commons,

(f)a Northern Ireland department,

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