The Stamp Duty (Disadvantaged Areas) Regulations 2001
Section 92 of the Finance Act 2001 (“the 2001 Act”) provides for an exemption from the stamp duty chargeable on a conveyance or transfer on sale of an estate or interest in land or a lease of land if the land in question is situated in a disadvantaged area. Schedule 30 to the 2001 Act makes similar provision in relation to cases where land is partly in a disadvantaged area. Section 92(4) of the 2001 Act provides that a disadvantaged area is an area designated as such by regulations made by the Treasury.