15U.K.References in the enactments relating to stamp duty and the enactments relating to stamp duty reserve tax to a unit trust scheme do not include—
(a)a common investment scheme under section 22 of the M1Charities Act 1960, section 25 of the M2Charities Act (Northern Ireland) 1964 [F1, section 24 of the Charities Act 1993 or section 96 of the Charities Act 2011,]
(b)a common deposit scheme under section 22A of the Charities Act 1960 [F2, section 25 of the Charities Act 1993 or section 100 of the Charities Act 2011], or
(c)a unit trust scheme the units in which are under the terms of the trust instrument required to be held only by [F3charitable companies or trustees of charitable trusts].
Textual Amendments
F1Words in Sch. 19 para. 15(a) substituted (14.3.2012) by Charities Act 2011 (c. 25), s. 355, Sch. 7 para. 81(a) (with s. 20(2), Sch. 8)
F2Words in Sch. 19 para. 15(b) substituted (14.3.2012) by Charities Act 2011 (c. 25), s. 355, Sch. 7 para. 81(b) (with s. 20(2), Sch. 8)
F3Words in Sch. 19 para. 15(c) substituted (1.4.2012) by Finance Act 2010 (c. 13), Sch. 6 paras. 15(3), 34(2); S.I. 2012/736, art. 11
Marginal Citations