Paragraph 4B F1

United Kingdom

(1)

For the purpose of determining the F2amount of tax chargeable on the grant of a shared ownership lease of a dwelling, the grant shall be treated as if it were not linked to—

(a)

any acquisition of an interest in the dwelling to which paragraph 4A applies, or

(b)

a transfer of the reversion to the lessee or lessees under the terms of the lease.

(2)

In this paragraph “shared ownership lease” has the same meaning as in paragraph 4A.

Annotations

Textual amendments

F1: Sch. 9 para. 4B and cross-heading inserted (with effect in accordance with s. 95(13) of the amending Act) by Finance Act 2008 (c. 9), s. 95(8)
F2: Word in Sch. 9 para. 4B(1) substituted (with effect in accordance with s. 2(2) of the amending Act) by Stamp Duty Land Tax Act 2015 (c. 1), Sch. para. 14 (with s. 2(3)-(6))

Notes on Schedule 9

Modifications

C1: Sch. 9 modified (temp.) (22.7.2020) by Stamp Duty Land Tax (Temporary Relief) Act 2020 (c. 15), s. 1 (as amended (10.6.2021) by 2021 c. 26, s. 87(2))