Partial relief from Stamp Duty Land Tax is given by FA03/SCH4/PARA17 for certain arrangements involving public or educational bodies, qualifying bodies. Qualifying bodies are defined in FA03/SCH4/PARA17(2).
The relief is available for arrangements where
•there is a transfer, or the grant or assignment of a lease, of land, (‘the main transfer’), by a qualifying body A to a non-qualifying body B
•in whole or in part consideration of the main transfer there is a grant by B to A of a lease or under-lease of the whole, or substantially the whole, of that land, (‘the leaseback’)