Paragraph 33 Communications Act 2003

In Schedule 2 to the Communications Act 2003^f1, after paragraph 5 insert—

“Stamp duty land tax

5A.

(1)

For the purposes of stamp duty land tax, a land transaction effected by, or for the purposes of, or for purposes connected with, a transfer scheme is exempt from charge.

(2)

Relief under this paragraph must be claimed in a land transaction return or an amendment of such a return.

(3)

In this paragraph—

• “land transaction” has the meaning given by section 43(1) of the Finance Act 2003;

• “land transaction return” has the meaning given by section 76(1) of that Act.”.