Statutory Instruments
2010 No. 814
Stamp Duty Land Tax
The Stamp Duty Land Tax (Alternative Finance Investment Bonds) Regulations 2010
Made
16th March 2010
Laid before the House of Commons
17th March 2010
Coming into force
7th April 2010
The Treasury, in exercise of the powers conferred by paragraph 5 of Schedule 3 to the Finance Act 2003( 1 ), make the following Regulations:
Citation and commencement
1. These Regulations may be cited as the Stamp Duty Land Tax (Alternative Finance Investment Bonds) Regulations 2010 and shall come into force on 7th April 2010.
Alternative finance investment bonds
2. —(1) Paragraph 11, Schedule 17A to the Finance Act 2003( 2 ) (cases where assignment of lease treated as grant of lease) must be treated as if including the following provisions—
(2) After paragraph 11(2)—
“ (2A) Sub-paragraph (2) shall not apply where an assignment of a lease, but for the application of that sub-paragraph, would be exempt by virtue of Schedule 61 to the Finance Act 2009 ” ( 3 ).
(3) In paragraph 11(3) after paragraph (e)—
“ (f) Paragraphs 6 and 8 of Part 3 of Schedule 61 to the Finance Act 2009 (alternative finance investment bond relief) ” .
Tony Cunningham
Frank Roy
Two of the Lords Commissioners of Her Majesty’s Treasury
16th March 2010
Schedule 17A was inserted by paragraph 22(2) of Schedule 39 to the Finance Act 2004.