Section 243 Agreements to surrender leases.F1
United Kingdom
Where, in pursuance of any agreement, any lease is surrendered (or, in Scotland, renounced) at any time otherwise than by deed, the agreement shall be treated for the purposes of F2stamp duty as if it were a deed executed at that time effecting the surrender (or, as the case may be, renunciation).
This section shall apply to any agreement made after 7th December 1993.
Annotations
Textual amendments
- F1
Pt. VI heading substituted (30.7.2009) by Finance (No. 2) Act 2005 (c. 22), s. 48(3)(5); S.I. 2009/2094, art. 2
- F2
Words in s. 243 substituted (27.7.1999 with effect as mentioned in s. 112(6) of the amending Act) by 1999 c. 16, s. 112(4), 122, Sch. 14 para. 32
Notes on Part VI
Textual amendments
- F1
Pt. VI heading substituted (11.2.2005) by The Stamp Duty Land Tax (Consequential Amendment of Enactments) Regulations 2005 (S.I. 2005/82), art. 1reg. 3(2)