Finance Act, 1981

Amendment of section 41 (stamp duty on bills of exchange and promissory notes) of Finance Act, 1970.

49.—(1) Section 41 of the Finance Act, 1970 , is hereby amended by the substitution of “3p” for “one new penny” in subsection (1) and for “one penny in new currency” in subsection (3).

(2) This section shall have effect with respect to bills of exchange and promissory notes drawn on or after the date of the passing of this Act.