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Part 5U.K.SDLT, stamp duty and SDRT

Other reliefs etcU.K.

79Certain transfers of school landU.K.

(1)In Chapter 7 of Part 2 of the School Standards and Framework Act 1998 (c. 31) (โ€œthe 1998 Actโ€) (new framework for maintained schools), omit sections 79 and 79A (no stamp duty or SDLT payable in respect of certain transfers).

(2)The repeal ofโ€”

(a)section 79A of the 1998 Act, and

(b)section 79 of that Act as it applies for the purposes of section 79A,

has effect in relation to any land transaction of which the effective date is on or after the day on which this Act is passed.

(3)Subject to that, the repeal of section 79 of the 1998 Act has effect in relation to any instrument executed on or after that day.