SCHEDULES
SCHEDULE 61Alternative finance investment bonds
Part 3Transactions relating to underlying assets consisting of land
Stamp duty land tax
Relief from stamp duty land tax: second transaction
8
1
The second transaction is exempt from charge to stamp duty land tax if—
a
each of conditions A to G is met, and
b
the provisions of Part 4 of FA 2003 relating to the first transaction are complied with.
2
Where the interest in the land is replaced as the bond asset by an interest in other land, this paragraph is subject to paragraph 18.
3
This paragraph is also subject to paragraph 20.