SCHEDULES
SCHEDULE 15 Stamp duty: bearer instruments
Part I Charging provisions
Rates of duty
5
In the case of—
(a)
a deposit certificate in respect of stock of a single non-UK company, or
(b)
an instrument issued by a non-UK company that is a bearer instrument by usage (and is not otherwise within the definition of “bearer instrument” in paragraph 3),
the duty is 0.2% of the market value of the stock constituted by or transferable by means of the instrument.