Finance Act, 1917

• Permanent Page URL

Exemption from stamp duty of powers of attorney for the sale, &c. of Government stock.

54 & 55 Vict. c. 39.

58 & 59 Vict. c. 16.

30.—(1) The following exemption shall be added to the exemptions under the head “Letter or power of attorney and “commission, factory, mandate, or other instrument in the “nature thereof,” in the First Schedule to the stamp Act, 1891, namely:—

(4) Letter or power of attorney for the sale, transfer, or acceptance of any of the Government or parliamentary stocks or funds.

(2) Section eighty-one of the said Act and subhead (5) of the head “Letter or power of attorney, and commission, factory, mandate, or other instrument in the nature thereof,” in the First Schedule to the said Act, and section eleven of the Finance Act, 1895, are hereby repealed.

(3) This section shall be deemed to have been in force as from the twenty-sixth day of March nineteen hundred and seventeen.