Explanatory note
(This note is not part of the Regulations)
These Regulations provide a new form SDLT 60 (a “self-certificate” within the meaning of Schedule 11 to the Finance Act 2003) in connection with land transactions for the purposes of stamp duty land tax.
Regulation 1 provides to the citation and commencement of these Regulations.
Regulation 2 substitutes a new form SDLT 60 for that previously prescribed by Schedule 1 to the Stamp Duty Land Tax (Administration) Regulations 2003 (S.I. 2003/2837).
Regulation 3 makes transitional provision, saving the validity of the previous form of self-certificate so that such a document may be delivered to HM Revenue & Customs at any time before 16th April 2007.
These Regulations do not impose new costs on business. Nor do they involve additional costs to the Exchequer.