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2. Any land transaction is exempt from stamp duty land tax if —
(a)it is effected under section 38 of the Energy Act 2004(1) (nuclear transfer schemes), and
(b)either the purchaser or the vendor is a public body(2).
See section 66(4) of the Finance Act 2003. Subsection (1) of that section exempts land transactions where both the purchaser and the vendor are public bodies.
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