The Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations 2008
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 Borse Berlin AG (“the Facility”). The transfers and agreements exempted are those involving LCH.Clearnet Limited (and nominees of that clearing house), through whom transactions on the Facility are cleared, or clearing participants in LCH.Clearnet Limited (and their nominees).