Finance Act 2014 (c. 26)

SCHEDULES

SCHEDULE 24 U.K. Abolition of stamp duty and SDRT: securities on recognised growth markets

PART 1 U.K. Stamp duty reserve tax

“Chargeable securities” U.K.

2 U.K. In section 99 (interpretation), after subsection (4A) insert—

“(4B) Chargeable securities” does not include securities falling within paragraph (a), (b) or (c) of subsection (3) which are admitted to trading on a recognised growth market but not listed on that or any other market.

(4C) In subsection (4B), “listed” and “recognised growth market” are to be construed in accordance with section 99A.”