7 Adaptation of section 89AA
1 Section 89AA (stamp duty reserve tax: exceptions from the principal charge for transactions involving repurchase and stock lending) is adapted as follows.
2 In subsection (3)—
(a) in paragraph (a)for “on an EEA exchange or a recognised foreign exchange” substitute “a prescribed multilateral trading facility”; and
(b) in paragraph (b) for “that exchange” substitute “that facility”.
3 In subsection (5)—
(a) in the words preceding paragraph (a) for “an exchange” substitute “a facility”; and
(b) in paragraphs (a) and (b) for “the exchange” (in each place) substitute “the facility”.
4 For subsection (6) substitute—

“6 In this section “prescribed multilateral trading facility” has the meaning given by regulation 2 of the Stamp Duty and Stamp Duty Reserve Tax (Extension of Exceptions relating to Recognised Exchanges) Regulations 2005.”

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