Part 1 Stamp Duty and Stamp Duty Land Tax
Finance Act 2012 (2012 c 14) | Legislation

SCHEDULE 39 Repeal of Miscellaneous Reliefs etc

Section 227

Part 1 Stamp Duty and Stamp Duty Land Tax

Nationalisation schemes

1

(1)     Section 52 of FA 1946 (exemption from stamp duty of documents connected with nationalisation schemes) is repealed.

(2)     In consequence of the provision made by sub-paragraph (1)—

(a)     section 67 of that Act (short title, construction, etc) is repealed,

(b)     in section 41(1) of the Transport Act 1962 (exemptions from stamp duty), omit the words from “, or in section fifty-two†to “schemes),â€, and

(c)     in section 160(1) of the Transport Act 1968 (stamp duty), omit the words from “or in section 52†to “schemes)â€.

Visiting forces and allied headquarters

2

Section 74 of FA 1960 (visiting forces and allied headquarters: stamp duty exemptions) is repealed.

Shared ownership transactions

3

(1)     The following provisions are repealed—

(a)     section 97 of FA 1980,

(b)     section 108 of FA 1981, and

(c)     section 54 of FA 1987.

(2)     In consequence of the provision made by sub-paragraph (1), omit the following provisions—

(a)     in Schedule 2 to the Housing (Consequential Provisions) Act 1985, paragraph 43;

(b)     in FA 1988, section 142(1);

(c)     in Schedule

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