SCHEDULES

SCHEDULE 25U.K.Stamp duty land tax: amendments of Schedule 17A to FA 2003

Disapplication of “new lease” treatment for certain rent increases after fifth yearU.K.

6(1)In paragraph 13 (increase in rent treated as grant of new lease: variation of lease), in the heading, after “variation of lease” insert in first five years.U.K.

(2)In sub-paragraph (1) of that paragraph, after “to increase the amount of the rent” insert “ as from a date before the end of the fifth year of the term of the lease ”.