SCHEDULES

SCHEDULE 19 Stamp duty and stamp duty reserve tax: unit trusts

Part IV General definitions

References to stock in stamp duty enactments include units under unit trust scheme

19

In the enactments relating to stamp duty—

a

any reference to stock includes a unit under a unit trust scheme, and

b

any reference to a stock certificate to bearer includes a certificate to bearer in relation to a unit under a unit trust scheme.