Article 14 Paragraphs 18, 19 and 20 of Schedule 6 (amendment of FA 2003)

(1)

The—

(a)

repeal of sub-paragraph (4) of paragraph 1 of Schedule 8 to FA 2003^f1 (SDLT: charities relief), and

(b)

amendment of sub-paragraph (2) of paragraph 4 of Schedule 8 to FA 2003^f2 (SDLT: charitable trusts)

made by paragraphs 18,19 and 20 of Schedule 6 come into force in relation to a land transaction of which the effective date is on or after 1st April 2012.

(2)

In this article “land transaction” has the meaning given by section 43 of FA 2003^f3 and “effective date” has the meaning given by section 119 of that Act^f4.

Annotations

Footnotes

f1: 2003 c. 14. Section 69(2) of the Finance Act 2010 (c. 13) provides that “FA”, followed by a year, means the Finance Act of that year.
f2: Paragraph 4 was inserted by section 302(2) of the Finance Act 2004 (c. 12).
f3: Section 43 was amended by section 297(2) of, paragraph 2 of Schedule 39 to and Part 4(2) of Schedule 42 to the Finance Act 2004 (c. 12).
f4: Section 119 was amended by section 47(3) of the Finance (No.2) Act 2005 (c. 22), and paragraph 8 of Schedule 39 and Part 4(2) of Schedule 42 to the Finance Act 2004 (c. 12).