Finance Act 2000 (c. 17)

Part IV U.K. Stamp duty and Stamp duty reserve tax

Stamp duty U.K.

115 Rates: duty on lease chargeable by reference to rent. U.K.

(1) In Schedule 13 to the M1 Finance Act 1999 (instruments chargeable and rates of duty), in Part II (lease)—

(a) in paragraph 11, in paragraph 1 of the table, and

(b) in paragraph 12(3), in paragraph 1(a) and (b) of the table,

for “£500" substitute “ £5,000 ”.

(2) This section has effect in relation to instruments executed on or after 28th March 2000.

(3) This section shall be deemed to have come into force on 28th March 2000.

Marginal Citations

M1 1999 c. 16.