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(This page was introduced on 15 January 2020)

When calculating the chargeable consideration for the notional transaction, any amounts paid as consideration for a transaction which falls within the following Sections or schedules is to be disregarded:

• Section 60 â€� Compulsory purchase facilitating development, see SDLTM22000
• Section 61 â€� Compliance with planning obligations, see SDLTM22500
• Section 63 â€� Demutualisation of insurance company, see SDLTM23500
• Section 64 â€� Demutualisation of building society, see SDLTM24000
• Section 65 â€� Incorporation of limited liability partnership, see SDLTM24500
• Section 66 â€� Transfers involving public bodies, see SDLTM25000
• Section 67 â€� Transfer in consequence of reorganisation of parliamentary constituencies, see SDLTM25500
• Section 69 â€� Acquisition by bodies established for national purposes, see SDLTM26500
• Section 71 â€� Certain acquisitions by registered social landlord, see SDLTM27500
• Section 74 â€� Exercise of collective rights by tenants of flats, see SDLTM28500
• Section 75 â€� Crofting community right to buy, see SDLTM29000
• Schedule 6A â€� Relief for certain acquisitions of residential property, see SDLTM21000
• Schedule 8 â€� Charities relief, see SDLTM26000

Note that while the consideration for a transaction under a section or schedule above is disregarded, the transaction may still comprise a scheme transaction.