STSM042200 - Exemptions and reliefs: reliefs: stamp duty group relief - general

An instrument which has the effect of passing a beneficial interest in property between bodies corporate in the same group, which would otherwise be chargeable with Stamp Duty as a transfer on sale, will not be chargeable with duty provided that a valid claim for relief is made under the provisions of Section 42 Finance Act 1930, as amended by Section 27 Finance Act 1967 and Section 123 Finance Act 2000.