3U.K.The power conferred by paragraph 1 does not, except as mentioned in paragraph 1(2), include power to vary—
(a)the rate, or rates, of an existingad valorem stamp duty,
(b)the amount of an existing fixed stamp duty,
(c)any threshold specified in paragraph 4 of Schedule 13 to the M1Finance Act 1999 (rate bands for conveyance or transfer on sale), or
(d)any threshold specified in paragraph 11 or 12 of that Schedule (duty on leases) in respect of rent or the term of a lease.
Marginal Citations