---
title: "The Stamp Duty Reserve Tax (Finance Act 1999, Schedule 19) (Consequential Amendments) Regulations 2014"
id: b31db38e-183f-49c4-b661-823552bd83bb
authority: uk
place: "United Kingdom"
applies_also_from: []
kind: regulation
in_force: true
publisher_url: https://www.legislation.gov.uk/uksi/2014/1932
attribution: "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
solon_url: https://solon.orangecat.ch/law/b31db38e-183f-49c4-b661-823552bd83bb
language: en
in_force_from: 2014-08-14
date_basis: publisher
status: consolidated
source_url: https://www.legislation.gov.uk/uksi/2014/1932/data.xml
read_on: 2026-11-10
sha256: 02b625cf7694d42eba64710f457ccfcce3283745b9b0aab992de79f231ba9075
provisions: 5
---

# The Stamp Duty Reserve Tax (Finance Act 1999, Schedule 19) (Consequential Amendments) Regulations 2014

## Title and introductory text {#prelims}

2014 No. 1932
Stamp Duty Reserve Tax
The Stamp Duty Reserve Tax (Finance Act 1999, Schedule 19) (Consequential Amendments) Regulations 2014
Made
21st July 2014
Laid before the House of Commons
22nd July 2014
Coming into force
14th August 2014
The Treasury make the following Regulations in exercise of the powers conferred by section 98 of the Finance Act 1986, section 152 of the Finance Act 1995, section 17(3) of the Finance (No.2) Act 2005 and section 114(5) of the Finance Act 2014.

## 1 Citation, commencement and effect {#regulation-1}

(1) These Regulations may be cited as the Stamp Duty Reserve Tax (Finance Act 1999, Schedule 19) (Consequential Amendments) Regulations 2014 and come into force on 14th August 2014.
(2) The amendments provided by these Regulations have effect in relation to any surrender made or effected on or after 30th March 2014.
(3) In paragraph (2) the reference to “surrender” is to be read in accordance with paragraph 2 of Schedule 19 to the Finance Act 1999 (surrender of units to managers) and in accordance with that paragraph as modified in relation to open-ended investment companies by the Stamp Duty and Stamp Duty Reserve Tax (Open-ended Investment Companies) Regulations 1997.

## 2 Amendments to the Stamp Duty Reserve Tax Regulations 1986 {#regulation-2}

(1) The Stamp Duty Reserve Tax Regulations 1986 are amended as follows.
(2) In regulation 2—
(a) in the definition of “accountable date”—
(i) omit paragraph (d);
(ii) omit the “and” at the end of paragraph (c); and
(iii) insert an “and” at the end of paragraph (b).
(b) in the definition of “accountable person”—
(i) omit paragraphs (f) and (g);
(ii) omit the “and” at the end of paragraph (e); and
(iii) insert an “and” at the end of paragraph (d).
(c) omit the definitions of—
(i) “authorised corporate director”;
(ii) “open-ended investment company”;
(iii) “relevant two-week period”;
(iv) “surrender”;
(v) “unit”; and
(vi) “unit trust scheme”.
(3) Omit regulation 2A.
(4) In regulation 3, omit “, or under paragraph 2(1) of Schedule 19 to the Finance Act 1999,”.
(5) In regulation 4—
(a) omit the “or” at the end of paragraph (3)(a); and
(b) omit paragraph (3)(b).
(6) Omit regulation 4B.
(7) In regulation 6—
(a) in paragraph (1), omit “or surrender” wherever it occurs;
(b) in paragraph (4), omit “or surrender”;
(c) in paragraph (4)(a), for “4, 4A, or 4B” substitute “4 or 4A”; and
(d) in paragraph (6), omit “, and, where appropriate, Part II of Schedule 19 to the Finance Act 1999”.
(8) In regulation 7—
(a) at the end of paragraph (a), omit “, or”;
(b) omit paragraph (b); and
(c) for “4, 4A or 4B” substitute “4 or 4A”.
(9) In regulation 12(3), for “to (4B)” substitute “and (4A)”.
(10) In regulation 13—
(a) in paragraph (1)—
(i) omit “or surrender”; and
(ii) for “4, 4A or 4B” substitute “4 or 4A”.
(b) in paragraph (2)—
(i) omit “or under paragraph 2(1) of Schedule 19 to the Finance Act 1999,”; and
(ii) for “4, 4A or 4B” substitute “4 or 4A”.
(11) In regulation 14(1), omit “or surrender”.
(12) In the Table in Part I of the Schedule (which applies the provisions of the Taxes Management Act 1970 specified in the first column of that Table subject to any modification specified in the second column of that Table)—
(a) in the entries relating to sections 49C and 49F, omit “, and, where appropriate, Part II of Schedule II to the Finance Act 1999”;
(b) in the entries relating to sections 93(1), 95(1)(a) and 99 for “4, 4A or 4B” substitute “4 or 4A”; and
(c) in the entry relating to section 98 in the second column of the Table for “4, 4A and 4B” substitute “4 and 4A”.
(13) In Part II of the Schedule—
(a) in sections 49C and 49F (as so modified) omit “, and, where appropriate, Part II of Schedule II to the Finance Act 1999”;
(b) in sections 93(1), 95(1)(a) and 99 (as so modified) for “4, 4A or 4B” substitute “4 or 4A”; and
(c) in the second column of the Table in section 98 (as so modified) for “4, 4A and 4B” substitute “4 and 4A”.

## 3 Amendments to the Stamp Duty and Stamp Duty Reserve Tax (Open-ended Investment Companies) Regulations 1997 {#regulation-3}

(1) The Stamp Duty and Stamp Duty Reserve Tax (Open-ended Investment Companies) Regulations 1997 are amended as follows.
(2) Omit regulation 4A(2).

## 4 Amendments to the Authorised Investment Funds (Tax) Regulations 2006 {#regulation-4}

(1) The Authorised Investment Funds (Tax) Regulations 2006 are amended as follows.
(2) Omit regulation 14A.