Stamp Duties Consolidation Act 1999 section 106

Housing Finance Agency

Section 106 exempts from stamp duty any instrument made for the purposes of, or in connection with, securing the advance of moneys by the Housing Finance Agency plc to housing authorities.

• No stamp duty is chargeable on instruments securing loans from the Housing Finance Agency plc.
• The exemption applies where the borrower is a housing authority within the meaning of the Housing Act 1966.
• The instrument must be made for the purposes of, or in connection with, securing the advance of moneys.
• The exemption covers any agreement or other instrument falling within these conditions.