Regulation 5 Restriction of amount of relief in the case of leases of land

Where section 92(1) or paragraph 1 of Schedule 30 applies in relation to a lease of land, it shall have effect only in relation to duty in respect of the amount or value of any qualifying premium (and, accordingly, does not affect the amount of duty chargeable under paragraph 12(3) of Schedule 13 to the Finance Act 1999 in respect of rent).