The Stamp Duty Land Tax (Consequential Amendment of Enactments) Regulations 2003

Access to Justice Act 1999

29.  In Schedule 14 to the Access to Justice Act 1999(1), after paragraph 34 insert—

“Transfer schemes: stamp duty land tax

34A.— (1) For the purposes of stamp duty land tax, a land transaction effected by or in pursuance of a scheme under paragraph 33 is exempt from charge.

(2) Relief under this paragraph must be claimed in a land transaction return or an amendment of such a return.

(3) In this paragraph—

“land transaction” has the meaning given by section 43(1) of the Finance Act 2003;

“land transaction return” has the meaning given by section 76(1) of that Act.”.

(1)

1999 c. 22.