Finance Act 2000 (c. 17)

SCHEDULES

SCHEDULE 32 U.K. Stamp duty on seven year leases: transitional provisions

Introductory U.K.

1 U.K. In this Schedule—

• “additional duty”, in relation to an instrument, means additional stamp duty chargeable on the instrument as a result of section 116;

• “the appropriate amount of duty”, in relation to an instrument, means the stamp duty that would have been chargeable on the instrument if section 116 had been in force when it was executed; and

• “the commencement date” means 28th March 2000.