The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations (No. 9) 2009
These Regulations replace the Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations 1997/2429. The 1997 Regulations prescribed LIFFE A&M as a recognised investment exchange for the purposes of section 116 and 117 of the Finance Act 1991 and exempted from stamp duty and stamp duty reserve tax (“SDRT”) certain transfers and agreements to transfer traded securities made in the course of trading in those securities on LIFFE (“the Exchange”) where the transfers were cleared by The London Clearing House Limited.