Schedules

Schedule 11Capital-raising arrangements etc

Part 3Minor and consequential amendments

23

1

Section 50 of FA 1987 (warrants to purchase Government stock etc) is amended as follows.

2

In subsection (2)—

a

omit paragraph (a);

b

in paragraph (b), for “such an instrument” substitute “an instrument which relates to an interest, right or option within subsection (1)”.

3

In subsection (3)—

a

omit paragraph (b);

b

in paragraph (c), for “under that Schedule” substitute “under Schedule 15 to the Finance Act 1999 (stamp duty: bearer instruments)”.