Draft legislation — Stamp Duty Land Tax on purchases by Public Bodies (accessible version)
Published 6 March 2024
© Crown copyright 2024
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This publication is available at https://www.gov.uk/government/publications/stamp-duty-land-tax-change-to-rules-for-acquisitions-by-registered-social-landlords-and-public-bodies/draft-legislation-stamp-duty-land-tax-on-purchases-by-public-bodies-accessible-version
1. 1. Purchases by public bodies not to be subject to special 15% rate of SDLT
(1) In paragraph 3 of Schedule 4A to FA 2003 (application of the higher rate of 15% to transactions where purchaser is a company etc)—
(a) in sub-paragraph (3)(a) and (b), after “company” insert “but is not a public body”, and
(b) in sub-paragraph (4), at the end insert “and, for the purposes of that sub-paragraph, whether a person is a public body is to be determined in accordance with section 66”.
(2) The amendments made by this section have effect in relation to land transactions the effective date of which falls on or after 6 March 2024.