SCHEDULE 16 Stamp Duty: Amendments Consequential on Section 113
Finance Act 1999 (1999 c 16) | Legislation

SCHEDULE 16 Stamp Duty: Amendments Consequential on Section 113

Section 113(3)

General amendment

1

(1)ÌýÌýÌýÌý Any reference (express or implied) in any enactment, instrument or other document to the heading “Bearer Instrument†in Schedule 1 to the Stamp Act 1891 shall be construed, so far as is required for continuing its effect, as being or, as the case may require, including a reference to Schedule 15 to this Act.

(2)ÌýÌýÌýÌý Sub-paragraph (1)—

(a)ÌýÌýÌýÌý has effect subject to any express amendment made by this Act, and

(b)ÌýÌýÌýÌý is without prejudice to the general application of section 17(2) of the Interpretation Act 1978 (general effect of repeal and re-enactment).

Finance Act 1963 (c 25)

2

In section 67 of the Finance Act 1963 (prohibition of circulation of blank transfers) for subsection (4) substitute—

“(4)ÌýÌýÌýÌý In this section—

(a)ÌýÌýÌýÌý “stock†includes securities;

(b)ÌýÌýÌýÌý references to stock include any interest in, or in any fraction of, stock or in any dividends or other rights arising out of stock and any right to an allotment of or to subscribe for stock; and

(c)ÌýÌýÌýÌý “transfer†includes any instrument used for transferring stock.

(4A)ÌýÌýÌýÌý Nothing in this section applies

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