# The Stamp Duty Reserve Tax (Amendment No. 2) Regulations 1999, Regulation 7: Amendments to the principal Regulations


After regulation 4A there shall be inserted the following regulation–
“4B (1) An accountable person in relation to a charge to tax on a surrender shall on or before the accountable date–
(a) give notice to the Board–
(i) detailing all surrenders for which the relevant two-week period ends in the month preceding that in which the accountable date falls, and
(ii) setting out the total of any reductions under paragraphs 4 and 5 of Schedule 19 to the Finance Act 1999 of the amounts of tax chargeable on those surrenders;
(iii) identifying those surrenders to which paragraph 6 or 7 of Schedule 19 to the Finance Act 1999 applies, and
(iv) stating the total amount of tax due and payable, and
(b) pay the tax due.
(2) A notice under this regulation shall be given–
(a) in relation to each unit trust scheme of which the accountable person is the manager or trustee; and
(b) in relation to each open-ended investment company of which the accountable person is the authorised corporate director, or in relation to an open-ended investment company which is the accountable person.
(3) A notice under this regulation shall be in such form as the Board may prescribe or authorise and shall contain such information as they may reasonably require for the purposes of the Act and Part II of Schedule 19 to the Finance Act 1999.”

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Source: https://www.legislation.gov.uk/uksi/1999/3264/regulation/7 (the official version)
Page: https://openlegislation.uk/stamp-duty-reserve-tax-amendment-no-2-regulations-1999/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.