SolvedSTSM041580 | Exemptions and reliefs: exemptions: PISCES – Stamp Duty and SDRT Exemption
From HM Revenue & Customs · Stamp Taxes on Shares Manual
The exemption applies to transfers of PISCES shares in connection with trading activity that takes place on a PISCES under the PISCES sandbox arrangements.
"PISCES share” has the meaning given in regulation 2 of the PISCES Sandbox Regulations (SI 2025/583).
A "PISCES company” is defined at regulation 2 of SI 2025/583.
"PISCES” has the meaning given in regulation 3(3) of SI 2025/583.
"PISCES sandbox arrangements” has the meaning given in 3(2) of SI 2025/583.