SCHEDULES

SCHEDULE 32Stamp duty: abolition of fixed duty on certain instruments

Part 2Consequential provisions and saving

FA 1990

19

In section 108(1) of FA 1990 (abolition of stamp duty on transfer of securities), insert at the end “ or section 67(3) or 70(3) of the Finance Act 1986 (stamp duty on certain transfers to depositary receipt systems and clearance systems) ”.