Finance Act (Northern Ireland) 1963 (c. 22)

PART II N.I. STAMP DUTIES

N.I. Reduction of duties

5 F1 Reduced duty on leases. N.I.

Subs.(1) rep. by 1972 NI 11; 1974 c.30; subs.(2) rep. by 1974 c.30

(3) For the purposes of the said headingF2 a lease granted for a fixed term and thereafter until determined shall be treated as a lease for a definite term equal to the fixed term together with such further period as must elapse before the earliest date at which the lease can be determined; and section 75 of the said Act of 1891 (agreements for leases) shall be construed accordingly.

Subs.(4) repeals ss.76, 77(3), 78 of 1891 c.39

F1 Rep. with saving, 1999 c. 16

F2 1891 (c.39)