89 Relief from higher rate charge for certain housing co-operatives etc
Finance Act 2021 (2021 c 26) | Legislation

89  Relief from higher rate charge for certain housing co-operatives etc

(1)     In Schedule 4A to FA 2003 (higher rate of SDLT for certain transactions), after paragraph 5F insert—

“Qualifying housing co-operatives

5FA

Paragraph 3 does not apply to a chargeable transaction so far as its subject-matter consists of a higher threshold interest that is acquired by a company on a day on which the company is a qualifying housing co-operative for the purposes of section 150(3A) of the Finance Act 2013 (relief from ATED).”

(2)     In that Schedule, after paragraph 5K insert—

“5

(1)     This paragraph applies where relief under paragraph 5FA (qualifying housing co-operatives) has been allowed in respect of a higher threshold interest forming the whole or part of the subject-matter of a chargeable transaction.

(2)     References in this paragraph

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