Section 1Citation and commencement
These Regulations may be cited as the Private Intermittent Securities and Capital Exchange System (Exemption from Stamp Duties) Regulations 2025 and come into force on 3rd July 2025.
資料由法律人 LawPlayer整理提供·UK legislation / curated by LawPlayer from legislation.gov.uk
Statutory Instrument
The Private Intermittent Securities and Capital Exchange System (Exemption from Stamp Duties) Regulations 2025
Section 2Exemption from stamp duties
(1) The transfer of a PISCES share in connection with trading activity that takes place on a PISCES under the PISCES sandbox arrangements is exempt from all stamp duties.
(2) In this regulation—
“ PISCES ” has the meaning given in regulation 3(3) of the PISCES Sandbox Regulations;
“ PISCES sandbox arrangements ” has the meaning given in regulation 3(2) of the PISCES Sandbox Regulations;
“ PISCES Sandbox Regulations ” means the Financial Services and Markets Act 2023 (Private Intermittent Securities and Capital Exchange System Sandbox) Regulations 2025 ;
“ PISCES share ” has the meaning given in regulation 2 of the PISCES Sandbox Regulations.
2 sections
Cite this legislation
The Private Intermittent Securities and Capital Exchange System (Exemption from Stamp Duties) Regulations 2025 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2025-666
Contains public sector information licensed under the Open Government Licence v3.0.
本頁資料來源：legislation.gov.uk (The National Archives)·整理提供：法律人 LawPlayer· lawplayer.com