39E+WThe Finance Act 2003 is amended as follows.
Commencement Information
I1Sch. 19 para. 39 in force at 1.4.2012 by S.I. 2012/628, art. 6(i) (with arts. 9, 11, 14, 15, 17)
40E+WIn section 71(4) (stamp duty land tax: reliefs for acquisitions by registered social landlords) after paragraph (ca) insert—
“(cb)made or given by the Greater London Authority,”.
Commencement Information
I2Sch. 19 para. 40 in force at 1.4.2012 by S.I. 2012/628, art. 6(i) (with arts. 9, 11, 14, 15, 17)
41(1)Schedule 9 (stamp duty land tax: rights to buy, shared ownership leases etc) is amended as follows.E+W
(2)In paragraph 1—
(a)in sub-paragraph (3) after the entry relating to the Homes and Communities Agency insert— “ The Greater London Authority so far as exercising its housing or regeneration functions or its new towns and urban development functions ”, and
(b)after sub-paragraph (6) insert—
“(7)A grant by the Greater London Authority which—
(a)is made by virtue of section 35 of the Housing and Regeneration Act 2008 as applied by section 333ZE of the Greater London Authority Act 1999, or
(b)is otherwise made to a relevant provider of social housing (within the meaning of section 35 of the Housing and Regeneration Act 2008) in respect of discounts given by the provider on disposals of dwellings to tenants,
does not count as part of the chargeable consideration for a right to buy transaction to which the vendor is a relevant provider of social housing.”
(3)In paragraph 5—
(a)in sub-paragraph (2) after paragraph (e) insert—
“(ea)the Greater London Authority so far as exercising its housing or regeneration functions or its new towns and urban development functions;”, and
(b)in sub-paragraph (2A)—
(i)after “financial assistance” insert “ made or given ”, and
(ii)after “2008” insert “ or by the Greater London Authority ”.
(4)In paragraph 7(8)—
(a)after “financial assistance” insert “ made or given ”, and
(b)after “2008” insert “ or by the Greater London Authority ”.
Commencement Information
I3Sch. 19 para. 41 in force at 1.4.2012 by S.I. 2012/628, art. 6(i) (with arts. 9, 11, 14, 15, 17)