Section 97 — Finance Act 2008: Transfers of interests in property-investment partnerships

Transfers of interests in property-investment partnerships 97 1 Schedule 31 contains provision relating to stamp duty land tax chargeable on transfers to, and of interests in, property-investment partnerships.

2 Part 1 of that Schedule (transfer of interest in partnership: “relevant partnership property”), and this section so far as relating to that Part—

a have effect in respect of transfers occurring on or after 19 July 2007 (subject to subsection (3)),

and b are treated as having come into force on that day.

3 Subsections (14) and (17) of section 72 of FA 2007 (partnerships) apply in relation to the amendments made by Part 1 of that Schedule as they apply in relation to the amendments made by subsections (6) and (10) of that section.