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(1)In Schedule 13 to the [1999 c. 16.] 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.
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