(This note is not part of the Regulations)
These Regulations amend the Stamp Duty and Stamp Duty Reserve Tax (Definition of Unit Trust Scheme and Open-ended Investment Company) Regulations 2001 (S.I. 2001/964: “the principal regulations”).
Regulation 1 provides for the citation and commencement.
Regulation 2 introduces the amendments to the principal regulations.
Regulation 3 replaces regulation 2 of the principal Regulations, mainly in consequence of changes made to the taxation of pensions by Part 4 of the Finance Act 2004 (c. 12).
These Regulations do not impose any new costs on business.