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Europe Daily Bulletin No. 8387

27 January 2003
Contents Publication in full By article 38 / 40
GENERAL NEWS / (eu) eu/state aid
Commission authorises UK stamp duty exemption scheme for disadvantaged areas, subject to a number of conditions

Brussels, 27/01/2003 (Agence Europe) - The European Commission decided that the UK stamp duty exemption is in line with Community objectives on economic and social cohesion as well as sustainable development and trading conditions will not be adversely affected to an extent contrary to the common interest. This authorisation is, however, subject to a number of conditions.

The UK exemption from stamp duty applies to non-residential properties in disadvantaged areas in the United Kingdom. The...

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