SCHEDULES

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

Part 2Consequential provisions and saving

FA 1987

16

Part 3 of FA 1987 (stamp duty and stamp duty reserve tax) is amended as follows.

17

In section 50(1) (warrants to purchase Government stock, etc), omit “, or paragraph 16”.

18

In section 55(1) (Crown exemption), omit “, or paragraph 16”.