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

School Standards and Framework Act 1998

28.  After section 79 of the School Standards and Framework Act 1998(1) insert—

“Stamp duty land tax

79A.— (1) For the purposes of stamp duty land tax, a land transaction entered into by virtue of any of the provisions mentioned in section 79(1) is exempt from charge.

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

(3) In this section—

“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)

1998 c. 31.