Finance Act, 1999

Amendment of section 112 (relief from stamp duty in respect of transfers to young trained farmers) of Finance Act, 1994.

168.Section 112 of the Finance Act, 1994 , is hereby amended—

(a) in paragraph (a) of subsection (6)—

(i) by the substitution of “penalty” for “fine” in both places where it occurs, and

(ii) by the substitution of “from the date of disposal of the land” for “from the date when the instrument was executed”,

(b) in paragraph (b) of subsection (6) by the substitution of “penalty” for “fine”, in both places where it occurs, and

(c) in the proviso to subsection (6) by the substitution of “penalty” for “fine” in each place where it occurs.