2006 No. 776

STAMP DUTY LAND TAX

The Stamp Duty Land Tax (Administration) (Amendment) Regulations 2006

Made

Laid before the House of Commons

Coming into force

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by section 113(2) of, and paragraph 2 of Schedule 11 to, the Finance Act 20031, and now exercisable by them.

Citation and commencement1

These Regulations may be cited as the Stamp Duty Land Tax (Administration) (Amendment) Regulations 2006 and shall come into force on 17th April 2006.

Amendment of the Stamp Duty Land Tax (Administration) Regulations 20032

1

The Stamp Duty Land Tax (Administration) Regulations 2003 (“the principal Regulations”)2 are amended as follows.

2

For Schedule 1 (which sets out the form of a self-certificate in respect of a land transaction) substitute the form set out in the Schedule to these Regulations.

Transitional provision3

In relation to forms delivered before 16th April 2007, the requirement to deliver a self certificate in the form prescribed by Schedule 1 to the principal Regulations containing the information required by that form, is satisfied by delivering a certificate—

a

on the form prescribed in the Schedule to these Regulations containing the information required by that form, or

b

on the form formerly prescribed by Schedule 1 to the principal Regulations containing the information required by that form.

David VarneyMike ElandTwo of the Commissioners for Her Majesty’s Revenue and Customs

SCHEDULECertificate that no Land Transaction Return required

Regulation 2(2)

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(This note is not part of the Regulations)

These Regulations provide a new form SDLT 60 (a “self-certificate” within the meaning of Schedule 11 to the Finance Act 2003) in connection with land transactions for the purposes of stamp duty land tax.

Regulation 1 provides to the citation and commencement of these Regulations.

Regulation 2 substitutes a new form SDLT 60 for that previously prescribed by Schedule 1 to the Stamp Duty Land Tax (Administration) Regulations 2003 (S.I.2003/2837).

Regulation 3 makes transitional provision, saving the validity of the previous form of self-certificate so that such a document may be delivered to HM Revenue & Customs at any time before 16th April 2007.

These Regulations do not impose new costs on business. Nor do they involve additional costs to the Exchequer.