2007 No. 458

stamp duty
stamp duty reserve tax

The Stamp Duty and Stamp Duty Reserve Tax (Extension of Exceptions relating to Recognised Exchanges) (Amendment) Regulations 2007

Made

Laid before House of Commons

Coming into force

The Treasury make the following Regulations in exercise of the powers conferred upon them by section 50(1) and (4) of the Finance (No.2) Act 20051:

Citation and commencement1

These Regulations may be cited as the Stamp Duty and Stamp Duty Reserve Tax (Extension of Exceptions relating to Recognised Exchanges) (Amendment) Regulations 2007 and shall come into force on 13th March 2007.

Amendment of S.I. 2006/1392

In regulation 2(1) of the Stamp Duty and Stamp Duty Reserve Tax (Extension of Exceptions relating to Recognised Exchanges) Regulations 20062 (extended application of provisions specified in section 50(2) of the Finance (No.2) Act 2005) for “Instinet CHi-X and operated by Instinet Europe Limited” substitute “Instinet Chi-X and operated by Instinet Chi-X Limited”.

Kevin BrennanAlan CampbellTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Stamp Duty and Stamp Duty Reserve Tax (Extension of Exceptions relating to Recognised Exchanges) Regulations 2006 (the “principal Regulations”).

Regulation 1 provides for citation and commencement.

Regulation 2 amends the principal Regulations in respect of the name of the company operating the multilateral trading facility and contains a minor amendment of a drafting nature.

These Regulations do not impose new costs on business.