The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations (No. 14) 2009
These Regulations exempt from stamp duty and stamp duty reserve tax (“SDRT”) certain transfers of, or agreements to transfer traded securities made in the course of trading in those securities on the NYSE Arca Europe Facility (“the Facility”). The transfers and agreements exempted are those involving EuroCCP and/or LCH.Clearnet and/or X-CLEAR (and nominees of those clearing houses), through whom transactions on the Facility are cleared, or clearing participants in EuroCCP or LCH.Clearnet or X-CLEAR (and their nominees). These Regulations also exempt transactions on the Facility between EuroCCP, LCH.Clearnet and X-CLEAR.