Miscellaneous and general
27 Exemptions.
(1)
The Board and every wholly owned subsidiary of the Board shall be exempt from corporation tax.
(2)
Stamp duty shall not be chargeable on any declaration of trust in respect of any land situated outside the United Kingdom which is made by the Minister on the appointed day for the benefit of the Crown Agents.
(3)
M1The provisions of the Moneylenders Act 1900 to 1927 and the Moneylenders Acts (Northern Ireland) 1900 to 1969 shall not apply—
(a)
to the Crown Agents or the Board; or
(b)
to any body corporate the whole of whose issued share capital is held by or on behalf of the Board.