- Y Diweddaraf sydd Ar Gael (Diwygiedig)
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Transport Act 1982
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Rhagor o Adnoddau
Changes to legislation:
Transport Act 1982, Section 6 is up to date with all changes known to be in force on or before 03 January 2026. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Changes and effects yet to be applied to Section 6:
- s. 10(2)(b)-(d) substituted for s. 10(2)(b)(c) by 1999 c. 12 Sch. para. 2(c)
- s. 10(2)(aa) inserted by 1999 c. 12 Sch. para. 2(b)
- s. 70(2)(a) (iA) repealed by 2012 c. 5 Sch. 14 Pt. 9
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 10(2)(b)-(d) substituted for s. 10(2)(b)(c) by 1999 c. 12 Sch. para. 2(c)
- s. 10(2)(aa) inserted by 1999 c. 12 Sch. para. 2(b)
- s. 70(2)(a) (iA) repealed by 2012 c. 5 Sch. 14 Pt. 9
[F16 Stamp duty on certain transactions.U.K.
(1)Stamp duty shall not be chargeable under section 47 of the M1Finance Act 1973 in respect of—
(a)the formation of a subsidiary of the Bus Company; or
(b)any increase in the capital of such a subsidiary;
if the transaction concerned is certified by the Treasury as satisfying the requirements of subsections (2) and (3) below.
(2)A transaction satisfies the requirements of this subsection if it is effected solely for the purpose—
(a)of facilitating such an eventual disposal as is mentioned in section 2(1) of this Act; or
(b)of complying with a direction given by the Secretary of State under section 3(1) of this Act.
(3)A transaction satisfies the requirements of this subsection if it is entered into solely in connection with a transfer to be effected under section 2 of this Act, takes place on or before the transfer date and does not give rise to an excess of capital.
(4)For the purposes of subsection (3) above a transaction gives rise to an excess of capital if—
(a)in a case falling within subsection (1)(a) above the total issued capital of the subsidiary exceeds, on the transfer date, the total value of the assets less liabilities transferred; or
(b)in a case falling within subsection (1)(b) above, the aggregate amount of the increase of issued capital of the subsidiary exceeds, on that date, that total value;
and in this subsection “issued capital” means issued share capital or loan capital.]
Textual Amendments
F1Pt. I (ss. 1-7) repealed (E.W.S.) by Transport Act 1985 (c. 67, SIF 126), s. 139(3), Sch. 8
Marginal Citations
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