SDLTM49300B - Commencement and transitional provisions

Contracts entered into before 10 July 2003: Examples

Example 2

A contract is entered into on 1 January 2003. The contract is not substantially performed in advance of completion and none of the exceptions apply.

The contract is completed by conveyance to the contracting purchaser on 1 January 2005. This is not a Stamp Duty Land Tax transaction.