Finance Act 1951

1951 CHAPTER 43 14 and 15 Geo 6

An Act to grant certain duties, to alter other duties, and to amend the law with respect to the National Debt (including the Sinking Funds therefor), Customs and Inland Revenue (including Excise).

[1st August 1951]

Modifications etc. (not altering text)

C1 The only provisions of this Act reproduced in Statutes in Force were ss. 42, 44(1)(7)(8); other unrepealed or partly repealed provisions are ss. 39, 40, 44(2)(4). Ss. 1-38, 41, 43, 44(3)(5)(6)(9), Schs. 1-7 are repealed; see Chronological Table of the Statutes which gives authority for these repeals.

Commencement Information

I1 Act partly in force at Royal Assent, partly retrospective, see individual sections; all provisions so far as unrepealed wholly in force at 1.2.1991.

Part V U.K. Miscellaneous

42 Exemption from stamp duties of transfers of International Bank stock. U.K.

(1) Transfers of any stock of the International Bank for Reconstruction and Development shall be exempt from all stamp duties.

(2) This section shall have effect as from the twenty-sixth day of April, nineteen hundred and fifty-one.

44 Short title, construction, extent and repeals. U.K.

(1) This Act may be cited as the Finance Act 1951.

(7) Any reference in this Act to any other enactment shall, except so far as the context otherwise requires, be construed as a reference to that enactment as amended or applied by or under any other enactment, including this Act.

(8) Such of the provisions of this Act as relate to matters with respect to which the Parliament of Northern Ireland has power to make laws shall not extend to Northern Ireland.