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Regulation 6 Amendment of the Stamp Duty Land Tax (Electronic Communications) Regulations 2005

Original text. Later amendments are not shown.

After regulation 4 insert—

“Part 2A

Electronic Communications and the ARTL System

Administrative functions of Keeper

4A.
(1)

The Keeper shall have the following functions in respect of stamp duty land tax—

(a)

receiving, on behalf of the Board, land transaction returns in respect of ARTL transactions;

(b)

receiving, on behalf of the Board, payments of any stamp duty land tax in respect of ARTL transactions; and

(c)

transmitting to the Board those land transaction returns and any payment of stamp duty land tax in respect of the ARTL transactions to which they relate.

(2)

The Keeper is the intermediary of the Board in respect of the matters mentioned in sub-paragraphs (a) and (b) of paragraph (1).

Information to be delivered about compliance with Part 4 of the Finance Act 2003

4B.
(1)

If a land transaction return is delivered to the Keeper in connection with an ARTL transaction by means of the ARTL system, it must be accompanied by the following information as to compliance—

(a)

a declaration by the person completing the return (“the responsible person”) that the information which it contains has been approved by the purchaser; and

(b)

a digital signature identifying the responsible person which is included in, or logically associated with, the communication containing the land transaction return.

(2)

In this regulation—

  • “digital signature” means data in electronic form which serves as a method of authentication and which is—

    1. (a)

      uniquely linked to the signatory;

    2. (b)

      capable of identifying the signatory;

    3. (c)

      created using a signature-creation device that the signatory can maintain under the signatory’s sole control; and

    4. (d)

      linked to the data to which it relates in such a manner that any subsequent change of data is detectable;

  • “signature-creation data” means unique data (including, but not limited to, codes or private cryptographic keys) which are used by the signatory to create an electronic signature; and

  • “signature-creation device” means configured software or hardware used to implement the signature-creation data.”.