SCHEDULEAmendments to enactments
PART 1Acts of Parliament
Broadcasting Act 199625
1
In Schedule 7 of the Broadcasting Act 199640, paragraph 25 is amended as follows.
2
For the heading substitute “Stamp duty and stamp duty land tax”.
3
After sub-paragraph (1) insert—
1A
A land transaction which is effected by a restructuring scheme, or effected in accordance with, or in pursuance of an obligation imposed by a restructuring scheme is exempt from charge for the purposes of stamp duty land tax.
1B
Relief under sub-paragraph (1A) must be claimed in a land transaction return or an amendment of such a return.
4
In sub-paragraph (4), after “In this paragraph—” insert—
“land transaction” has the meaning given in section 43(1) of the Finance Act 2003;
“land transaction return” has the meaning given by section 76(1) of that Act;