SCHEDULES
SCHEDULE 14 Transitional provisions and savings
Part V Magistrates and magistrates’ courts
F1Transfer schemes: stamp duty land tax
34A
(1)
For the purposes of stamp duty land tax, a land transaction effected by or in pursuance of a scheme under paragraph 33 is exempt from charge.
(2)
Relief under this paragraph must be claimed in a land transaction return or an amendment of such a return.
(3)
In this paragraph—
“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.