SCHEDULE Amendments to enactments

PART 1 Acts of Parliament

20 Friendly Societies Act 1992
After section 105 of the Friendly Societies Act 1992 insert—

“105A Stamp duty land tax
1 A land transaction effected by or in consequence of—
(a) an amalgamation of two or more friendly societies under section 85,
Section 85 has been amended by paragraph 95 of Part I of Schedule 3 to S.I.2001/2617.and article 203 of S.I.2001/3649.
(b) a transfer of the engagements of a friendly society under section 86; or
Section 86 has been amended by paragraph 96 of Part I of Schedule 3 to S.I.2001/2617.and article 201 of S.I.2001/3649.
(c) a transfer of the engagements of a friendly society pursuant to a direction given by the Authority under section 90,
Section 90 has been amended by paragraph 100 of Part I of Schedule 3 to S.I.2001/2617 and article203 of S.I.2001/3649.
is exempt from charge for the purposes of stamp duty land tax.
2 Relief under this section must be claimed in a land transaction return or an amendment of such a return.
3 In this section—
“land transaction” has the meaning given by section 43(1) of the Finance Act 2003;
“land transaction return” has the meaning given by section 76(1) of that Act.”

.
1992 c. 40.