SCHEDULES
SCHEDULE 13Stamp duty: instruments chargeable and rates of duty
Part IILease
Rates of duty
11
In the case of a lease for a definite term less than a year the duty is as follows—
1. | Lease of furnished dwelling-house or apartments where the rent for the term exceeds £500 | £5 |
2. | Any other lease of land | The same duty as for a lease for a year at the rent reserved for the definite term |