SCHEDULES

SCHEDULE 17Stamp duty: penalties other than on late stamping

Part IAmendments 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”.