STSM041580 - Exemptions and reliefs: exemptions: PISCES – Stamp Duty and SDRT Exemption
The exemption applies to transfers of PISCES shares in connection with trading activity that takes place on a PISCES under the PISCES sandbox arrangements.
- "PISCES share” has the meaning given in regulation 2 of the PISCES Sandbox Regulations (SI 2025/583).
- A "PISCES company” is defined at regulation 2 of SI 2025/583.
- "PISCES” has the meaning given in regulation 3(3) of SI 2025/583.
- "PISCES sandbox arrangements” has the meaning given in 3(2) of SI 2025/583.