LEGISLATION to increase the transparency of land ownership in Scotland has been passed unanimously by the Scottish Parliament.
Says the Scottish Government, announcing the decision: “The ‘Register of Persons Holding a Controlled Interest in Land’ regulations pave the way for the creation of a public register that will provide key information about those who have a controlling interest in land – even if they are not registered or recorded as the owner of the land.
“It will also provide more transparency about land which is controlled by overseas trusts or entities.”
The announcement continues: “The register will make it easier for individuals and communities to identify those responsible, making it easier to engage with those who make decisions about land issues that affect local communities.
“The register, which will be developed and maintained by The Registers of Scotland, will be operational from 1 April 2022 and free to access.”
Read the Scottish Government announcement, here.
Picture credit: PlaceDesignScotland