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.