MEANING OF “UNIT TRUST SCHEME” AND RELATED EXPRESSIONS

14(1)  The following definitions apply for the purposes of the enactments relating to stamp duty and the enactments relating to stamp duty reserve tax.

14(2)  “Unit trust scheme”  has the meaning given by section 237(1) of the Financial Services and Markets Act 2000, subject to paragraphs 15 to 18.

14(3)  In relation to a unit trust scheme–

trust instrument”  means the trust deed or other instrument (whether under seal or not) creating or recording the trusts on which the property in question is held;

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