Article 3

SCHEDULE

(introduced by section 27)

“SCHEDULE 6A RELIEF FOR CERTAIN ACQUISITIONS BY LOCAL AUTHORITIES

The relief

1.   A land transaction under which the buyer is a local authority is exempt from charge if either of the qualifying conditions are met.

The qualifying conditions

2.   The qualifying conditions are—

(a) that the transaction is entered into in pursuance of powers conferred by section 2 of the Housing (Scotland) Act 1987(1) (powers of local authority to provide housing accommodation), or

(b) that the transaction is funded with the assistance of a grant or other financial assistance under section 2 of the Housing (Scotland) Act 1988(2) (general functions of Scottish Homes).”

(1)

1987 c. 26. Section 2 was relevantly amended by section 161(2) of the Local Government and Housing Act 1989 (c. 42).

(2)

1988 c. 43. Section 2 was relevantly amended by schedule 10 of the Housing (Scotland) Act 2001 (asp 10).