
1 

(1) This Order may be cited as the Land and Buildings Transaction Tax (Tax Rates and Tax Bands) (Scotland) Amendment Order 2020 and comes into force on 7 February 2020.
(2) This Order has effect in relation to land transactions in relation to which the effective date is on or after 7 February 2020.
(3) In this Order, “the Order” means the Land and Buildings Transaction Tax (Tax Rates and Tax Bands) (Scotland) Order 2015.
2 
Table C (Rent) of the schedule of the Order is amended as follows—
(a) in the third row (first tax band), in the second column after “£150,000” insert “ but not more than £2 million”,
(b) after the third row (first tax band), insert—“
second tax band More than £2 million 2%”
3 
This Order does not have effect in relation to any land transaction in relation to which the effective date is on or after 7 February 2020 if contracts for the land transaction have been entered into prior to 6 February 2020.
KATE FORBES
Authorised to sign by the Scottish Ministers
St Andrew’s House,
Edinburgh
At 2.15 p.m. on 6th February 2020