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The Explanatory Notes clarify that this:
30. ... does not however change the rule that contracts and other obligations, as distinct from offers, generally continue to bind the estates of parties to such obligations who happen to die during their currency.
Scottish Parliament. (2025, October 2).
A full account of the SLC engagement with interested parties is set out in its Business and 35 Regulatory Impact Assessment for the Bill . 271. A draft Moveable Transactions (Scotland) Bill was published on the SLC website for comment in July 2017.
These super-strong magnets are used in a variety of products and there is a growing body of evidence which demonstrates the serious dangers these can pose to children.
Land and Buildings Transaction Tax
Land and Buildings Transaction tax has been devolved to the Scottish Parliament since April 2015 and replaced UK Stamp Duty Land Tax.
The Bill and the costs outlined in the Financial Memorandum (FM) (see section below) therefore, covers transactions where:
the contract for the purchase transaction was entered into between 28 January 2016 and 19 May 2017 inclusive, or
the effective date of the purchase transaction was a date between 1 April 2016 and 29 June 2017 inclusive.