SDLTM29640 - Reliefs

Friendly Societies

Section 105A Friendly Societies Act 1974 / Section 105A Friendly Societies Act 1992 [DN statutory references are correct - KB]

A land transaction is exempt from charge if it is effected by or in consequence of

• an amalgamation of two or more registered friendly societies under section 82 of the 1974 Act
• a transfer of engagements of a registered friendly society under that section
• an amalgamation of two or more friendly societies under section 85 of the 1992 Act
• a transfer of the engagements of a friendly society under section 86 of the Act or
• a transfer of the engagements of a friendly society pursuant to a direction given by the Financial Services Authority under section 90 of the 1992 Act

Relief must be claimed in a land transaction return or an amendment to such a return. Enter code 28 (Other reliefs) at question 9 of the return.