(1)—(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1
(6)Stamp duty shall not be chargeable—
(a)on any scheme made under section 50(2) of this Act or on any scheme or order made under any provision of Part IV of this Act; or
(b)on any instrument which is certified to the Commissioners of Inland Revenue by the transferring authority or (as the case may be) by both or all the transferring authorities as having been made or executed in pursuance of Schedule 4 to the 1968 Act as it applies by virtue of any provision of this Act in relation to a transfer in pursuance of any such scheme or order; or
(c)on any instrument which is so certified as having been made or executed for the purpose of giving effect to any transfer authorised by section 50(1) or (as the case may be) required under section 59(8) of this Act.
(7)No such instrument as is mentioned in subsection (6)(b) or (c) above shall be treated as duly stamped unless it is stamped with the duty to which it would but for subsection (6) above be liable or it has, in accordance with the provisions of section 12 of the M1Stamp Act 1891, been stamped with a particular stamp denoting that it is not chargeable with any duty or that it is duly stamped.
Textual Amendments
F1S. 131(1)–(5) repealed by Finance Act 1988 (c. 39, SIF 114), s. 148, Sch. 14 Part XI
Marginal Citations