Finance Act, 1997

Repeal (part IV).

130.—(1) The following exemption under the Heading “BILL OF EXCHANGE or PROMISSORY NOTE”, in the First Schedule (as amended by the Finance Act, 1970 ) to the Stamp Act, 1891, is hereby repealed:

“(1) Bill or note issued by the Bank of England or the Bank of Ireland.”.

(2) This section shall have effect with respect to instruments executed on or after the date of passing of this Act.