SCHEDULES
SCHEDULE 7Transfer schemes: tax
Stamp duty
12I1
1
Stamp duty shall not be chargeable on a transfer scheme.
2
Stamp duty shall not be chargeable on a document certified by HMRC as connected with a transfer scheme.
3
A document which is not chargeable by virtue of this paragraph must be stamped in accordance with section 12 of the Stamp Act 1891 (c. 39) with a stamp denoting that it is not chargeable.