SCHEDULES
SCHEDULE 19 Stamp duty and stamp duty reserve tax: unit trusts
C1Part II Stamp duty reserve tax on dealings with units in unit trusts
Annotations:
Modifications etc. (not altering text)
Interpretation
8
1
For the purposes of this Part of this Schedule “issue” in the context of the issue of a unit by the managers under a unit trust scheme includes their transferring an existing unit or authorising or requiring the trustees to treat a person as entitled to a unit under the scheme.
2
References in this Part of this Schedule to the surrender or issue of a unit under a unit trust scheme do not include a surrender or issue effected by means of, or consisting of the issue of, a certificate to bearer.
Sch. 19 Pt. II excluded (11.5.2001 with effect as mentioned in s. 94(5) of the amending Act) by 2001 c. 9, s. 94(1)-(4)