# The Securitisation Companies and Qualifying Transformer Vehicles (Exemption from Stamp Duties) Regulations 2022, Regulation 1: Citation, commencement and effect


(1) These Regulations may be cited as the Securitisation Companies and Qualifying Transformer Vehicles (Exemption from Stamp Duties) Regulations 2022, and come into force on 17th May 2022.
(2) These Regulations have effect as follows.
(3) For the purposes of stamp duty, the Regulations have effect in relation to instruments executed on or after 17th May 2022.
(4) For the purposes of stamp duty reserve tax, the Regulations have effect—
(a) in relation to the charge to tax under section 87 of the Finance Act 1986, where—
(i) the agreement to transfer securities is conditional, and the condition is satisfied on or after 17th May 2022;
(ii) the agreement to transfer securities is not conditional, and the agreement is made on or after 17th May 2022;
(b) in relation to the charge to tax under section 93 or 96 of that Act, where the transfer occurs on or after 17th May 2022.

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Source: https://www.legislation.gov.uk/uksi/2022/464/regulation/1 (the official version)
Page: https://openlegislation.uk/securitisation-companies-and-qualifying-transformer-vehicles-exemption-from-stamp-duties-regulations-2022/regulation-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.