SCHEDULES
SCHEDULE 35Stamp duty: withdrawal of relief for company acquisitions: supplementary provisions
7Duty of acquiring company to notify particulars
1
The acquiring company shall, within the period of 30 days within which payment is to be made, notify the Commissioners of—
a
the date on which the event occured by reason of which it is liable to make a payment of duty under section 113 or this Schedule,
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 it was executed, and
e
the amount of duty and interest payable by it.
2
In sub-paragraph (1)(b) the “relevant land” held by the acquiring company means every estate or interest to in relation to which section 113(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 7 of Schedule 35 to the Finance Act 2002”.