Modifications etc. (not altering text)
C1Sch. 9 modified (temp.) (22.7.2020) by Stamp Duty Land Tax (Temporary Relief) Act 2020 (c. 15), s. 1 (as amended (10.6.2021) by 2021 c. 26, s. 87(2))
Textual Amendments
F1Sch. 9 para. 12 and cross-heading inserted (with effect in accordance with s. 95(13) of the amending Act) by Finance Act 2008 (c. 9), s. 95(10)
12U.K.For the purpose of determining the [F2amount] of tax chargeable on the declaration of a shared ownership trust, the declaration shall be treated as if it were not linked to—
(a)any equity-acquisition payment under the trust or any consequent increase in the purchaser's beneficial interest in the trust property, or
(b)a transfer to the purchaser of an interest in the trust property upon the termination of the trust.]
Textual Amendments
F2Word in Sch. 9 para. 12 substituted (with effect in accordance with s. 2(2) of the amending Act) by Stamp Duty Land Tax Act 2015 (c. 1), Sch. para. 15 (with s. 2(3)-(6))