Finance Act 2007

Part 4 SDLT, stamp duty and SDRT

(1) Anti-avoidance: partnerships

Short title and chapter	Extent of repeal
These repeals have effect in accordance with section 72 of this Act.
Finance Act 2003 (c. 14)	In Schedule 15— (a) paragraphs 13 and 14(1)(b) and (4), and (b) in the italic cross-heading before paragraph 14, the words “for consideration”.

(2) Exemptions: intermediaries, repurchases etc

Short title and chapter	Extent of repeal
1 Subject to Note 2, these repeals have effect in accordance with Schedule 21 to this Act. 2 The repeals of section 73 of, and Schedule 21 to, this Act have effect in accordance with sections 108 and 110 of FA 1990.
Finance Act 1986 (c. 41)	In section 80B(2), the definition of “EEA exchange”.
	In section 80C(7), the definition of “EEA exchange” (together with the word “and” at the end of it).
	In section 88B(2), the definition of “EEA exchange”.
	In section 89AA(6), the definition of “EEA exchange”.
Finance (No.2) Act 2005 (c. 22)	Section 50.
Finance Act 2007 (c. 11)	Section 73.
	Schedule 21.

(3) certain transfers of school land

Short title and chapter	Extent of repeal
These repeals have effect in accordance with section 79 of this Act.
School Standards and Framework Act 1998 (c. 31)	Sections 79 and 79A.
Education and Inspections Act 2006 (c. 40)	In Part 3 of Schedule 4, paragraph 20.

(4) Payment of SDLT

Short title and chapter	Extent of repeal
These repeals have effect in accordance with section 80 of this Act.
Finance Act 2003 (c. 14)	In section 76(3), paragraph (b) and the word “and” before it.
	In section 81(2), paragraph (b) and the word “and” before it.
	In Schedule 10, in paragraph 2(2), paragraph (b) and the word “and” before it.