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SCHEDULES

SCHEDULE 32U.K.Stamp duty: abolition of fixed duty on certain instruments

Part 1 U.K.Abolition of fixed duty

FA 1986U.K.

8U.K.In section 72A(1) (transfer of securities between depositary receipt system and clearance system), for paragraph (b) substitute—

(b)stamp duty is not chargeable on the instrument.