http://www.legislation.gov.uk/ukpga/2003/14/schedule/17A/paragraph/18
Finance Act 2003
An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.
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2024-05-20
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2024-02-22
Finance Act 2003
s. 87(3)(a)
(ia)
The Stamp Duty and Stamp Duty Land Tax (Variation of the Finance Act 2003) Regulations 2003
Sch.
para. 3(4)(a)
reg. 1
Finance Act 2003
Sch. 12
para. 1A
Tribunals, Courts and Enforcement Act 2007
Sch. 13
para. 147(2)
s. 89
s. 148
art. 2(1)(b)
Finance Act 2003
Sch. 12
para. 3(2)(aa)
Bankruptcy and Diligence etc. (Scotland) Act 2007
Sch. 5
para. 32
s. 223
s. 227(3)
art. 3(2)
(3)
art. 4
Finance Act 2003
Sch. 12
para. 1A
Finance Act 2008
Sch. 43
para. 9
s. 129(4)
art. 2
Finance Act 2003
s. 57(3)
Finance Act 2011
Sch. 22
para. 4
Finance Act 2003
specified provision(s)
The Abolition of the Right to Buy and Associated Rights (Wales) Act 2018 (Consequential Amendments and Savings Provisions) Regulations 2019
Rheoliadau Deddf Diddymu’r Hawl i Brynu a Hawliau Cysylltiedig (Cymru) 2018 (Diwygiadau Canlyniadol a Darpariaethau Arbed) 2019
reg. 5
SCHEDULES
F1SCHEDULE 17AFurther provisions relating to leases
Annotations:
Amendments (Textual)
Reverse premium
18
1
In the case of the grant, assignment or surrender of a lease a reverse premium does not count as chargeable consideration.
2
A “reverse premium” means—
a
in relation to the grant of a lease, a premium moving from the landlord to the tenant;
b
in relation to the assignment of a lease, a premium moving from the assignor to the assignee;
c
in relation to the surrender of a lease, a premium moving from the tenant to the landlord.
Sch. 17A inserted (with effect in accordance with Sch. 39 para. 26 of the amending Act) by Finance Act 2004 (c. 12), Sch. 39 para. 22(2) (which amending provision re-enacts, subject to certain changes, a corresponding amendment made by the now revoked Stamp Duty and Stamp Duty Land Tax (Variation of the Finance Act 2003) (No. 2) Regulations 2003 (S.I. 2003/2816), see Sch. 39 para. 14) (with Sch. 39 paras. 11, 13(5))