The Stamp Duty Reserve Tax (Tradepoint) Regulations 1995
These Regulations exempt from stamp duty reserve tax (“SDRT”) certain agreements to transfer equity securities made in the course of trading in those securities on the newly established Exchange known as Tradepoint. Theagreements exempted are those involving clearing participants in thatExchange (and nominees of such clearing participants), and The London Clearing House Limited through whom transactions on Tradepoint are cleared (and a nominee of that clearing house).