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Version Superseded: 21/07/2008
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There are currently no known outstanding effects for the Finance Act 1982, Section 129.
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(1)Where any conveyance, transfer or lease is made or agreed to be made to a body of persons established for charitable purposes only or to the trustees of a trust so established or to the Trustees of the National Heritage Memorial Fund [F1or to the National Endowment for Science, Technology and the Arts], no stamp duty shall be chargeable [F2under Part I or II, or paragraph 16, of Schedule 13 to the Finance Act 1999]—
(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3
on the instrument by which the conveyance, transfer or lease, or the agreement for it, is effected.
(2)An instrument in respect of which stamp duty is not chargeable by virtue only of subsection (1) above shall not be treated as duly stamped unless it is stamped in accordance with section 12 of the M1 Stamp Act 1891 with a stamp denoting that it is not chargeable with any duty.
(3)This section applies to instruments executed on or after 22nd March 1982 and shall be deemed to have come into force on that date.
Textual Amendments
F1Words in s. 129(1) inserted (2.7.1998) by 1998 c. 22, ss. 24(4), 27(4)
F2Words in s. 129(1) substituted for S. 129(1)(a) and the preceding words “by virtue of” (27.7.1999 with effect in relation to instruments executed on or after 1.10.1999) by 1999 c. 16, s. 112(4)(6), Sch. 14 para. 7
F3S. 129(1)(b) repealed by Finance Act 1985 (c. 54, SIF 114), s. 98(6), Sch. 27 Pt. IX(1)
Modifications etc. (not altering text)
C1S. 129 modified by Finance Act 1983 (c. 28, SIF 63:1), s. 46(3)(c)
C2S. 129 excluded (6.5.1992) by Further and Higher Education Act 1992 (c. 13), s. 88(2); S.I. 1992/831, art. 2, Sch. 1
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