SCHEDULES

SCHEDULE 20Stamp duty: restriction to instruments relating to stock or marketable securities

Part 2Consequential amendments and repeals

Finance Act 1990

5

In section 108 of the Finance Act 1990 (c. 29) (transfer of securities: abolition of stamp duty), for subsections (1) to (6) substitute—

“(1)

Stamp duty shall not be chargeable under Schedule 13 to the Finance Act 1999 (transfer of securities).”.