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Section 80: Exercise of collective rights by tenants of flats

Finance Act 2009 · 2009 c. 10View on legislation.gov.uk

Part 5: Stamp taxes

Section 74 of FA 2003 (collective enfranchisement by leaseholders) is amended as follows.

For subsection (1) substitute—

In subsection (2)—

omit "In that case,", and
for "flats in respect of which the right of collective enfranchisement is being exercised" substitute ." qualifying flats contained in the premises "

For subsection (4) substitute—

For the heading substitute "Exercise of collective rights by tenants of flats".

Accordingly, in section 55(5) of that Act (amount of tax chargeable), for "collective enfranchisement by leaseholders" substitute ." exercise of collective rights by tenants of flats "

The amendments made by this section have effect in relation to transactions with an effective date on or after 22 April 2009.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.