[F1243 Agreements to surrender leases.U.K.
(1)Where, in pursuance of any agreement, any lease is surrendered (or, in Scotland, renounced) at any time otherwise than by deed, the agreement shall be treated for the purposes of [F2stamp duty] as if it were a deed executed at that time effecting the surrender (or, as the case may be, renunciation).
(2)This section shall apply to any agreement made after 7th December 1993.]
Textual Amendments
F1Pt. VI heading substituted (30.7.2009) by Finance (No. 2) Act 2005 (c. 22), s. 48(3)(5); S.I. 2009/2094, art. 2
F2Words in s. 243 substituted (27.7.1999 with effect as mentioned in s. 112(6) of the amending Act) by 1999 c. 16, s. 112(4), 122, Sch. 14 para. 32