Article 2 Prescribed transactions

Any land transaction is exempt from stamp duty land tax if —

(a)

it is effected under section 38 of the Energy Act 2004^f1 (nuclear transfer schemes), and

(b)

either the purchaser or the vendor is a public body^f2.

Annotations

f1: 2004 c. 20.
f2: 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.