Modifications etc. (not altering text)
C1Pt. 4 construed as one with S.I. 2006/575, reg. 43 (6.4.2006) by The Pension Protection Fund (Tax) Regulations 2006 (S.I. 2006/575), regs. 1, 43(4)
C2Pt. 4 modified (coming into force at 2 p.m. on 6.12.2006) by The Stamp Duty Land Tax (Variation of the Finance Act 2003) Regulations 2006 (S.I. 2006/3237), regs. 1, 2, Sch.
C3Pt. 4 modified (17.7.2013) by Finance Act 2013 (c. 29), s. 194(8)-(12)
C4Pt. 4 applied (17.7.2014) by Finance Act 2014 (c. 26), ss. 223(8)(9)(d)
C5Pt. 4 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))
(1)Schedule 7A provides for relief from stamp duty land tax.
(2)In that Schedule—
(a)Part 1 makes provision for relief for property authorised investment funds (PAIF seeding relief), and
(b)Part 2 makes provision for relief for co-ownership authorised contractual schemes (COACS seeding relief).
(3)Any relief under that Schedule must be claimed in a land transaction return or an amendment of such a return, and must be accompanied by a notice to HMRC referring to the claim.
(4)In the case of a claim for PAIF seeding relief, the notice must confirm that the purchaser is—
(a)a property AIF as defined in paragraph 2(2) of Schedule 7A, or
(b)a company treated as a property AIF by virtue of paragraph 2(5) of Schedule 7A (equivalent EEA funds).
(5)In the case of a claim for COACS seeding relief, the notice must confirm that the purchaser is—
(a)a co-ownership authorised contractual scheme as defined in section 102A(8), or
(b)an entity treated as a co-ownership authorised contractual scheme by virtue of section 102A(7) (equivalent EEA schemes).
(6)The notice must be in such form, and contain such further information, as HMRC may require.]
Textual Amendments
F1S. 65A inserted (with effect in accordance with Sch. 16 para. 15 of the amending Act) by Finance Act 2016 (c. 24), Sch. 16 para. 3