The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) (Revocation) Regulations, SI 2011/665, revoke from 1 April regulations that remove multiple charges to stamp duty and SDRT from transactions made on a regulated market, a multilateral trading facility or over the counter and which are transferred through certain recognised clearing houses, their members and their nominees.
The relief is to be provided instead by five new sets of regulations, which also come into force on 1 April:
The Stamp Duty and Stamp Duty Reserve Tax (Eurex Clearing AG) Regulations, SI 2011/666
The Stamp Duty and Stamp Duty Reserve Tax (European Central Counterparty Limited) Regulations, SI 2011/667
The Stamp Duty and Stamp Duty Reserve Tax (European Multilateral Clearing Facility N.V.) Regulations, SI 2011/668
The Stamp Duty and Stamp Duty Reserve Tax (LCH.Clearnet Limited) Regulations, SI 2011/669
The Stamp Duty and Stamp Duty Reserve Tax (SIX X-CLEAR AG) Regulations, SI 2011/670
The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) (Revocation) Regulations, SI 2011/665, revoke from 1 April regulations that remove multiple charges to stamp duty and SDRT from transactions made on a regulated market, a multilateral trading facility or over the counter and which are transferred through certain recognised clearing houses, their members and their nominees.
The relief is to be provided instead by five new sets of regulations, which also come into force on 1 April:
The Stamp Duty and Stamp Duty Reserve Tax (Eurex Clearing AG) Regulations, SI 2011/666
The Stamp Duty and Stamp Duty Reserve Tax (European Central Counterparty Limited) Regulations, SI 2011/667
The Stamp Duty and Stamp Duty Reserve Tax (European Multilateral Clearing Facility N.V.) Regulations, SI 2011/668
The Stamp Duty and Stamp Duty Reserve Tax (LCH.Clearnet Limited) Regulations, SI 2011/669
The Stamp Duty and Stamp Duty Reserve Tax (SIX X-CLEAR AG) Regulations, SI 2011/670
