§ (" .—(1) Section 64 of the London Regional Transport Act 1984 (stamp duty) shall be amended as follows.
§ (2) In subsection (7)(a) (which, among other things, provides an exemption in relation to transfers in pursuance of a scheme made under section 9(6) in compliance with a direction of the Secretary of State under section 10)—
- (a) after "or to a transfer made in pursuance of" there shall be inserted ", or otherwise in connection with,";
- (b) after "section 9(6) of this Act" there shall be inserted "(i)"; and
- (c) after "under section 10 of this Act; or" there shall be inserted—
- "(ii) in preparation for, or in pursuance of, a PPP agreement, within the meaning of Chapter VII of Part IV of the Greater London Authority
144 Act 1999 or a contract falling within paragraph 6(2) of Schedule (Taxation provisions) to that Act; or".
§ (3) After subsection (7) there shall be inserted—
§ "(7A) Any reference in subsection (7)(a) above to a transfer includes—
- (a) a reference to an agreement for a lease or underlease; and
- (b) a reference to the grant of a lease or underlease."").
§ On Question, amendment agreed to.
§
Lord Whitty moved Amendment No. 570XA:
After Clause 356, insert the following new clause—