176(1)  The Treasury may by regulations provide that where–

(a)circumstances would (apart from the regulations) give rise to two charges to stamp duty reserve tax,

(b)the circumstances involve a stock exchange nominee, and

(c)the circumstances are such as are prescribed,

such one of the charges as may be prescribed shall be treated as not arising.

176(2)  The Treasury may by regulations provide that where–

(a)circumstances would (apart from the regulations) give rise to a charge to stamp duty reserve tax and a charge to stamp duty,

(b)the circumstances involve a stock exchange nominee, and

(c)the circumstances are such as are prescribed,

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