SCHEDULES
SCHEDULE 8Stamp duty land tax: charities relief
F1Charitable trusts
Annotations:
Amendments (Textual)
4
1
This Schedule applies in relation to a charitable trust as it applies in relation to a charity.
2
In this paragraph “charitable trust” means—
a
a trust of which all the beneficiaries are charities, or
b
a unit trust scheme in which all the unit holders are charities,
F2...
3
In this Schedule as it applies by virtue of this paragraph—
a
F3references in paragraph 1(3A) to the charitable purposes of C are to those of the beneficiaries or unit holders, or any of them;
b
c
the F5references in paragraphs 3(2)(b) and 3C(3) to the charitable purposes of C are to those of the beneficiaries or unit holders, or any of them.
Sch. 8 para. 4 and cross-heading inserted (with effect in accordance with s. 302(7) of the amending Act) by Finance Act 2004 (c. 12), s. 302(2)