{
  "url": "https://openlegislation.uk/stamp-duty-reserve-tax-regulations-1986/regulation-11",
  "json_url": "https://openlegislation.uk/stamp-duty-reserve-tax-regulations-1986/regulation-11.json",
  "legislation": "uksi/1986/1711",
  "legislation_title": "The Stamp Duty Reserve Tax Regulations 1986",
  "legislation_url": "https://openlegislation.uk/stamp-duty-reserve-tax-regulations-1986",
  "path": "regulation/11",
  "kind": "regulation",
  "number": "11",
  "heading": "Interest on overpaid tax",
  "text": "(1) Where tax repaid under regulation 14 is not less than £25 it shall be repaid with interest on it at the rate which is the rate applicable under section 178 of the Finance Act 1989 for the purposes of section 92(2) of the Act from the time it was paid.\n(2) Interest paid under this regulation shall not constitute income for the purposes of income tax or corporation tax.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 11(1) substituted (18.8.1989) by The Stamp Duty Reserve Tax (Amendment) Regulations 1989 (S.I. 1989/1301), regs. 1, 3"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 11 in force at 27.10.1986, see reg. 1"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "With effect from 27th October 1986 8.5 per cent. per annum (S.I. 1986/1710)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/1711/regulation/11",
    "retrieved_at": "2026-10-29T16:40:29.504184+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}