The Stamp Duty and Stamp Duty Reserve Tax (Open-ended Investment Companies) Regulations 1997

1. Introductory Text

2. 1. Citation and commencement

3. 2. Interpretation

4. 3. Application of section 57(1A) and (1B) of the Finance Act 1946 to open-ended investment companies

5. 4. Repurchase of shares by authorised corporate director

6. 5. Bearer securities issued by an open-ended investment company in a foreign currency

7. 6. Shares in open-ended investment companies dealing in interest-bearing investments

8. 7. Conversion of an authorised unit trust to an open-ended investment company—exemption from stamp duty charge

9. 8. Conversion of an authorised unit trust to an open-ended investment company—exemption from stamp duty reserve tax charge

10. 9. Amalgamation of an authorised unit trust with an open-ended investment company—exemption from stamp duty charge

11. 10. Amalgamation of an authorised unit trust with an open-ended investment company—exemption from stamp duty reserve tax charge

12. 11. Disapplication of section 42 of the Finance Act 1930

13. 12. Disapplication of sections 75 to 77 of the Finance Act 1986

14. Signature

15. Explanatory Note