SCHEDULES
SCHEDULE 24Abolition of stamp duty and SDRT: securities on recognised growth markets
PART 2Stamp duty
Charge on transfers of partnership interests
11
1
Schedule 15 to FA 2003 (SDLT: partnerships) is amended as follows.
2
In paragraph 31(1) (stamp duty on transfers of partnership interests: continued application), after “that section)” insert “
or in Schedule 24 to the Finance Act 2014 (abolition of stamp duty in relation to certain securities)
”
.
3
In paragraph 33—
a
in sub-paragraph (1A), for “stock or marketable” substitute “
relevant
”
,
b
in sub-paragraph (3), for “stock or marketable” substitute “
relevant
”
,
c
in that sub-paragraph omit “that stock and” (in both places),
d
in sub-paragraph (6), for “stock or” (in each place) substitute “
relevant
”
,
e
in sub-paragraph (7), for “stock or” (in both places) substitute “
relevant
”
, and
f
after sub-paragraph (8) insert—
8A
In this paragraph “relevant securities” means stock or marketable securities other than any stock or marketable securities admitted to trading on a recognised growth market but not listed on any market.