SCHEDULE 17 SDLT (Relief from Higher Rate Charge for Certain Housing Co-Operatives etc): Minor and Consequential Amendments
Finance Act 2021 (2021 c 26) | Legislation

SCHEDULE 17 SDLT (Relief from Higher Rate Charge for Certain Housing Co-Operatives etc): Minor and Consequential Amendments

Section 89

1

Part 4 of FA 2003 (stamp duty land tax) is amended in accordance with this Schedule.

2

(1)     Section 81 (further return where relief withdrawn) is amended as follows.

(2)     For subsection (1A) substitute—

“(1A)     Where relief is withdrawn to any extent under—

(a)     any of paragraphs 5G to 5L of Schedule 4A (relief from higher rate under Schedule 4A (higher rate for certain transactions)),

(b)     paragraph 6 of Schedule 7A (PAIF seeding relief), or

(c)     paragraph 14 or 16 of Schedule 7A (COACS seeding relief),

the purchaser must deliver a further return before the end of the period of 30 days after the relevant date.”

(3)     In subsection (1B), after paragraph (e) insert—

“(ea)     in the case of relief under paragraph 5FA of that Schedule (qualifying housing co-operatives), the date determined in accordance with subsection (1C);”.

(4)     After subsection (1B) insert—

“(1C)     For the purposes of subsection (1B)(ea) (relief under paragraph 5FA of Schedule 4A withdrawn because the conditions in paragraph 5L(3) of that Schedule are met), the date is—

(a)     where paragraph

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