Stamp duty land tax105A

1

A land transaction effected by or in consequence of—

a

an amalgamation of two or more friendly societies under section 8532,

b

a transfer of the engagements of a friendly society under section 8633; or

c

a transfer of the engagements of a friendly society pursuant to a direction given by the Authority under section 9034,

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.