Finance Act 1981

Part VI U.K. Stamp Duty

107 Sale of houses at discount by local authorities etc. U.K.

(1) Where a conveyance or transfer to which this section applies is subject contingently to the payment of any money (whether by virtue of that conveyance or transfer or otherwise), then, notwithstanding section 57 of the M1 Stamp Act 1891, that money shall not be deemed to be part of the consideration in respect of which the conveyance or transfer is chargeable with ad valorem duty.

(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

(3) This section applies to any conveyance or transfer on sale of a dwelling-house (including the grant of a lease) at a discount by—

(a) any Minister of the Crown or Northern Ireland department;

(b) a [F2 local housing authority within the meaning of the Housing Act 1985], a county council, a district council within the meaning of the M2 Local Government Act (Northern Ireland) 1972 or in Scotland a [F3 council constituted under section 2 of the Local Government etc. (Scotland) Act 1994], the common good of such a council or any trust under its control;

(c) the Housing Corporation;

F4 (ca) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d) the [F5 Scottish Homes];

(e) the Northern Ireland Housing Executive;

[F6 (ea) a registered social landlord within the meaning of Part I of the Housing Act 1996;]

(f) a housing association [F7 registered—;

(i) in Scotland, under the Housing Associations Act 1985, or

(ii) in Northern Ireland, under Part II of the Housing (Northern Ireland) Order 1992;]

[F8 (ff) a housing action trust established under Part III of the Housing Act 1988;]

(g) a development corporation established by an order made or having effect as if made under the M3 New Towns Act 1965 or the M4 New Towns (Scotland) Act 1968 or an urban development corporation established by an order made under section 135 of the M5 Local Government, Planning and Land Act 1980;

(h) the Commission for the New Towns or a new town commission established under section 7 of the M6 New Towns Act (Northern Ireland) 1965;

F9 (i) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(j) the Council of the Isles of Scilly;

(k) a [F10 local policing body] within the meaning of [F11 section 101(1) of the Police Act [F12 1996,]] [F13 the Scottish Police Authority] , or [F14 the Northern Ireland Policing Board];

(ka) F15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(l) an Education and Libraries Board established under the M7 Education and Libraries (Northern Ireland) Order 1972;

(m) any person mentioned in paragraph (e), (i), (j) or (l) of section 1(10) of the M8 Tenants’ Rights, Etc. (Scotland) Act 1980.

[F16 (n) the United Kingdom Atomic Energy Authority]

[F17 (o) such other body as the Treasury may, by order made by statutory instument, prescribe for the purposes of this section]

[F18 (3A) This section also applies to any conveyance or transfer on sale of a dwelling house where the conveyance or transfer is made pursuant to a sub-sale made at a discount by a body falling within [F19 subsection (3)(ea) or (f)]above.]

[F20 (3B) This section also applies to a conveyance or transfer on sale (including the grant of a lease) by a person against whom the right to buy under Part V of the Housing Act 1985 is exercisable by virtue of section 171A of that Act (preservation of right to buy on disposal to private sector landlord) to a person who is the qualifying person for the purposes of the preserved right to buy and in relation to whom that dwelling-house is the qualifying dwelling-house.]

F21 (3C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4) This section applies to instruments executed on or after 23rd March 1981 and shall be deemed to have come into force on that date.

Textual Amendments

F1 S. 107(2) repealed by Finance Act 1985 (c. 54, SIF 114), s. 98(6), Sch. 27 Pt. IX(1)

F2 Words substituted by Housing (Consequential Provisions) Act 1985 (c. 71, SIF 61), s. 4, Sch. 2 para. 48(a)

F3 Words in s. 107(3)(b) substituted (1.4.1996) by 1994 c. 39, s. 180(1), Sch. 13 para. 123; S.I. 1996/323, art. 4(c)

F4 S. 107(3)(ca) repealed (1.11.1998) by 1998 c. 38, s. 152, Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1)); S.I. 1998/2244, art. 5

F5 Reference to Scottish Homes substituted (E.W.S.) for the reference to Scottish Special Housing Association by Housing (Scotland) Act (c. 43, SIF 61), Ss. 1, 3 Sch. 2 para. 1

F6 S. 107(3)(ea) inserted (1.10.1996) by 1996 c. 52, s. 55, Sch. 3 para. 1(2); S.I. 1996/2402, art. 3

F7 Word and s. 107(3)(f)(i)(ii) substituted for words in s. 107(3)(f) (1.10.1996) by 1996 c. 52, s. 55, Sch. 3 para. 1(3); S.I. 1996/2402, art. 3

F8 S. 107(3)(ff) inserted by Finance Act 1988 (c. 39, SIF 114), s. 142(2)

F9 S. 107(3)(i) repealed (1.10.1998) by 1998 c. 38, s. 152, Sch. 18 Pt. IV (wih ss. 137(1), 139(2), 141(1)); S.I. 1998/2244, art. 4

F10 Words in s. 107(3)(k) substituted (16.1.2012) by Police Reform and Social Responsibility Act 2011 (c. 13), s. 157(1), Sch. 16 para. 145(a); S.I. 2011/3019, art. 3, Sch. 1

F11 Words in s. 107(3)(k) substituted (22.8.1996) by 1996 c. 16, ss. 103, 104, Sch. 7 Pt. II para. 33

F12 Words in s. 107(3)(k) substituted (16.1.2012) by Police Reform and Social Responsibility Act 2011 (c. 13), s. 157(1), Sch. 16 para. 145(b); S.I. 2011/3019, art. 3, Sch. 1

F13 Words in s. 107(3)(k) substituted (1.4.2013) by The Police and Fire Reform (Scotland) Act 2012 (Consequential Provisions and Modifications) Order 2013 (S.I. 2013/602), art. 1(2), Sch. 2 para. 16

F14 Words in s. 107(3)(k) substituted (4.11.2001) by 2000 c. 32, s. 74, Sch. 6 para. 7; S.R. 2001/396, art. 2, Sch.

F15 S. 107(3)(ka) repealed (1.4.2002) by 2001 c. 16, ss. 128, 137, Sch. 6 Pt. III para. 64, Sch. 7 Pt. 5(1); S.I. 2002/344, art. 3 (with art. 4)

F16 S. 107(3)(n) added by Finance Act 1984 (c. 43, SIF 114), s. 110(1)(2)(4)

F17 S. 107(3)(o) added by Finance Act 1984 (c. 43, SIF 114), s. 110(5)

F18 S. 107(3A) added by Finance Act 1984 (c. 43, SIF 114), s. 110(1)(3)(4)

F19 Words in s. 107(3A) substituted (1.10.1996) by 1996 c. 52, s. 55, Sch. 3 para. 1(4); S.I. 1996/2402, art. 3

F20 S. 107(3B) inserted (17.8.1992) by Housing and Planning Act 1986 (c. 63, SIF 114), s. 24(1)(2), Sch. 5 Pt. II para. 18; S.I. 1992/1753, art. 2(2).

F21 S. 107(3C) omitted (E.W.) (26.1.2019) by virtue of Abolition of the Right to Buy and Associated Rights (Wales) Act 2018 (anaw 1), s. 11(3)(4), Sch. 1 para. 1(2); S.I. 2018/100, art. 2(b) (with art. 3) (with savings in S.I. 2019/110, reg. 5)

Modifications etc. (not altering text)

C1 S. 107 applied by S.I. 1986/2092, art. 12

Marginal Citations

M1 1891 c. 39.

M2 1972 c. 9 (N.I.)

M3 1965 c. 59.

M4 1968 c. 16.

M5 1980 c. 65.

M6 1965 c. 13. (N.I.)

M7 S.I. 1972/1263 (N.I. 12).

M8 1980 c. 52.

F22 108 Shared ownership transactions. U.K.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F22 S. 108 repealed (with effect in accordance with Sch. 39 para. 10(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 39 para. 3(1)(b) (with Sch. 39 paras. 11-13)

109 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F23 U.K.

Textual Amendments

F23 S. 109 repealed by Finance Act 1986 (c. 41, SIF 40:1), s. 114, Sch. 23 Pt. IX(2)

F24 110 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.K.

Textual Amendments

F24 S. 110 repealed (27.7.1999 with effect as mentioned in Sch. 20 Pt. V(5) notes 1, 2 of the amending Act) by 1999 c. 16, s. 139, Sch. 20 Pt. V(5)