SCHEDULES
SCHEDULE 18 Stamp duty: minor amendments and repeal of obsolete provisions
Part II Obsolete provisions
5
1
Section 13 of the M1Stamp Duties Management Act 1891 (certain offences in relation to dies and stamps provided by the Commissioners to be felonies) is amended as follows.
2
For the sidenote substitute “Offences in relation to dies and stamps.”.
3
Make the existing provision subsection (1) and at the beginning, for “Every person who” substitute “
A person commits an offence who
”
.
4
Omit the words from “shall be guilty of felony” to the end.
5
After subsection (1) insert—
2
A person guilty of an offence under this section is liable—
a
on summary conviction, to imprisonment for a term not exceeding six months or a fine not exceeding the statutory maximum, or both;
b
on conviction on indictment, to imprisonment for a term not exceeding ten years or a fine, or both.
6
This paragraph has effect in relation to things done or omitted on or after 1st October 1999.
6
1
The following provisions of the Stamp Duties Management Act 1891 shall cease to have effect—
in section 2 (recovery of money received for duty), subsections (2) and (3);
section 3 (power to grant licences to deal in stamps);
section 4 (penalty for unauthorised dealing in stamps etc.);
section 5 (provisions as to determination of a licence);
section 6 (penalty for hawking stamps);
section 8 (discount on sale of stamps);
section 9(2) and (3) (cases in which allowance may be made for spoiled adhesive stamps);
in section 11 (how allowance to be made), the words from “deducting therefrom” to the end;
section 12 (repurchase of stamps by Commissioners);
section 17 (proceedings for detection of stamps stolen or fraudulently obtained);
section 18 (licensed person in possession of forged stamps to be presumed guilty);
section 19 (mode of proceeding when stamps are seized);
section 20 (defacement of adhesive stamps);
section 25 (mode of granting licences).
2
This paragraph comes into force on 1st October 1999.