Search Legislation

Advanced Search

Finance Act 1920

Status:

This is the original version (as it was originally enacted).

41Stamp duty on policies of sea insurance

For the stamp duties chargeable under paragraph (2) of the heading " POLICY OF SEA INSURANCE " in the First Schedule to the principal Act there shall be substituted the duties at the following rates, that is to say :—

s.d.
where the sum insured—
does not exceed 250l.03
exceeds 250l. but does not exceed 500l.06
exceeds 500l. but does not exceed 750l.09
exceeds 750l. but does not exceed 1,000l.10
exceeds 1,000l., for every 500l. and any fractional part of 500l.06

(b)For time—

  • where the insurance is made for any time not exceeding six months, an amount equal to three times the amount which would be payable if the insurance were made upon a voyage;

  • where the insurance is made for any time exceeding six months and not exceeding twelve months, six times the amount which would be payable if the insurance were made upon a voyage.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources