Miscellaneous

F1105A.Exemption from stamp duty land tax

(1)

A land transaction effected by or in consequence of—

(a)

an amalgamation together of two or more registered societies under section 82; or

(b)

a transfer of engagements under that section,

is exempt from charge for the purposes of stamp duty land tax.

(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.