Finance Act, 1963

Alteration of stamp duties on conveyances and transfers of stock and marketable securities.

44.—(1) Conveyances or transfers of stocks or marketable securities, instead of being chargeable with stamp duty at the rates in force immediately before the commencement of this section, shall be chargeable with that duty at the following rates:

When the amount or value of the consideration for the sale does not exceed

exceed £1 5s.

3d.

Exceeds £1 5s.       and does not exceed £2 10s.

6d.

£2 10s.

£3 15s.

9d.

£3 15s.

£5

1s.

£5

£10

2s.

£10

£15

3s.

£15

£20

4s.

£20

£35

5s.

£35

£60

10s.

£60

£80

15s.

£80

£100

20s.

£100

£125

25s.

£125

£150

30s.

£150

£175

35s.

£175

£200

40s.

£200

£225

45s.

£225

£250

50s.

£250

£275

55s.

£275

£300

60s.

£300

For every £50, and also for any fractional part of £50, of such amount or value

10s.

(2) This section shall come into operation on the 1st day of August, 1963, or the date of the passing of this Act, whichever is the later.