SCHEDULES
SCHEDULE 34Stamp duty: withdrawal of group relief: supplementary provisions
6Duty of transferee company to notify particulars
1
The transferee company shall, within the period of 30 days mentioned in section 111(2)(b) within which payment is to be made, notify the Commissioners of—
a
the date on which it ceased to be a member of the same group as the transferor company,
b
the relevant land held by it at that time,
c
the nature of the relevant instrument, the date on which it was executed, the parties to the instrument and the date on which the instrument was stamped,
d
the market value of the land transferred to it by the relevant instrument at the date on which that instrument was executed, and
e
the amount of duty and interest payable by it under section 111 or this Schedule.
2
In sub-paragraph (1)(b) the “relevant land” held by the transferee company means every estate or interest to in relation to which section 111(1)(c) applies.
3
In section 98(5) of the Taxes Management Act 1970 (c. 9) (penalty for failure to provide information), in the second column of the Table, at the appropriate place insert “paragraph 6 of Schedule 34 to the Finance Act 2002”.