Part VII Miscellaneous and Supplementary

Miscellaneous

104AF1Exemption from stamp duty land tax

1

This section applies to a land transaction effected by a conveyance, agreement or assignation made, or an instrument executed, solely for the purpose of giving effect to any transfer of property, rights or liabilities held upon trust under section 82.

2

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

3

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

4

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.