Stamp Duties Consolidation Act 1999 section 99C

Harbours Act 2015

Section 99C provides a full stamp duty exemption for instruments giving effect to the transfer of shares, land and related rights to local authorities under the Harbours Act 2015.

• Exempts instruments under which shares in a harbour company become vested in a local authority pursuant to section 8 of the Harbours Act 2015.
• Exempts instruments transferring land, easements, way-leaves, water rights or any other right over or in respect of land or water under sections 28, 32, 34 and 35 of the Harbours Act 2015.
• The relief is full — no stamp duty arises on the qualifying instrument.
• No formal claim procedure is set out; the exemption applies automatically where the conditions are met.