SCHEDULES

SCHEDULE 40Acquisition by company of its own shares

Stamp duty and stamp duty reserve tax

I12

In section 66 of the Finance Act 1986 (c. 41) (stamp duty: company’s purchase of own shares)—

a

in subsection (2)—

i

for “The return which relates to the shares” substitute “ Any return which relates to any of the shares ”,

ii

after “169” insert “ (1) or (1B) ”, and

iii

after “transferring the shares” insert “ to which it relates ”,

F1b

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c

in subsection (3), after “169” insert “ (1) or (1B) ”.