The Stamp Duty and Stamp Duty Reserve Tax (Eurex Clearing AG) Regulations 2011
These Regulations replace the corresponding regulations specified in the Schedule of Revocations to S.I. 2011 No. 665. They give relief from stamp duty and stamp duty reserve tax (“SDRT”) to certain transfers of, or agreements to transfer, traded securities or options made in the course of trading in those traded securities or options either on a facility or over the counter. The transfers and agreements eligible for relief are those involving Eurex Clearing AG (“Eurex”), and its nominees, (through whom transactions on the facility are cleared) or clearing participants of Eurex and its nominees.