8(1)Where a contract or agreement would apart from paragraph 7 not be chargeable with any duty and a conveyance or transfer made in conformity with the contract or agreement is presented to the Commissioners for stamping with the ad valorem duty chargeable on it—U.K.
(a)within the period of six months after the execution of the contract or agreement, or
(b)within such longer period as the Commissioners may think reasonable in the circumstances of the case,
the conveyance or transfer shall be stamped accordingly, and both it and the contract or agreement shall be deemed to be duly stamped.
(2)Nothing in this paragraph affects the provisions as to the stamping of a conveyance or transfer after execution.
Modifications etc. (not altering text)
C1Sch. 13 Pt. I paras. 7-9 modified (28.11.2001) by S.I. 2001/3746, art. 7(1)(a)