SCHEDULES
SCHEDULE 9

Stamp duty land tax: right to buy, shared ownership leases etc

Shared ownership lease: grant not linked with staircasing transactions etc
4B
1
For the purpose of determining the rate of tax chargeable on the grant of a shared ownership lease of a dwelling, the grant shall be treated as if it were not linked to—
a
any acquisition of an interest in the dwelling to which paragraph 4A applies, or
b
a transfer of the reversion to the lessee or lessees under the terms of the lease.
2
In this paragraph “
shared ownership lease
” has the same meaning as in paragraph 4A.
Sch. 9 para. 4B and cross-heading inserted (with effect in accordance with s. 95(13) of the amending Act) by Finance Act 2008 (c. 9), s. 95(8)