SCHEDULES

SCHEDULE 17 Stamp duty: penalties other than on late stamping

Part I Amendments of penalties

Stamp Duties Management Act 1891 (c.38)

2

1

The Stamp Duties Management Act 1891 is amended as follows.

2

In section 12A (lost or spoiled instruments), in subsection (2)(b) for “, fine or penalty” (twice) substitute “ or penalty ”.

3

In section 21 (penalty for frauds in relation to duties), for “a fine of fifty pounds” substitute “ a penalty not exceeding £3,000 ”.