Regulation 4

SCHEDULE

An instrument which effects any one or more of the following transactions only is an instrument specified for the purposes of regulation 2—

A.The vesting of property subject to a trust in the trustees of the trust on the appointment of a new trustee, or in the continuing trustees on the retirement of a trustee.

B.The conveyance or transfer of property the subject of a specific devise or legacy to the beneficiary named in the will (or his nominee).

C.The conveyance or transfer of property which forms part of an intestate’s estate to the person entitled on intestacy (or his nominee).

D.The appropriation of property within section 84(4) of the Finance Act 1985 (death: appropriation in satisfaction of a general legacy of money) or section 84(5) or (7) of that Act (death: appropriation in satisfaction of any interest of surviving spouse and in Scotland also of any interest of issue).

E.The conveyance or transfer of property which forms part of the residuary estate of a testator to a beneficiary (or his nominee) entitled solely by virtue of his entitlement under the will.

F.The conveyance or transfer of property out of a settlement in or towards satisfaction of a beneficiary’s interest, not being an interest acquired for money or money’s worth, being a conveyance or transfer constituting a distribution of property in accordance with the provisions of the settlement.

G.The conveyance or transfer of property on and in consideration only of marriage to a party to the marriage (or his nominee) or to trustees to be held on the terms of a settlement made in consideration only of the marriage.

H.The conveyance or transfer of property within section 83(1) of the Finance Act 1985 (transfers in connection with divorce etc.).

I.The conveyance or transfer by the liquidator of property which formed part of the assets of the company in liquidation to a shareholder of that company (or his nominee) in or towards satisfaction of the shareholder’s rights on a winding-up.

J.The grant in fee simple of an easement in or over land for no consideration in money or money’s worth.

K.The grant of a servitude for no consideration in money or money’s worth.

L.The conveyance or transfer of property operating as a voluntary disposition inter vivos for no consideration in money or money’s worth nor any consideration referred to in section 57 of the Stamp Act 1891 (conveyance in consideration of a debt etc.).

M.The conveyance or transfer of property by an instrument within section 84(1) of the Finance Act 1985 (death: varying disposition).