Finance Act, 1996

Chapter II

Miscellaneous

Removal of stamp duty on memorandum and articles of association of company.

112.—(1) The Companies Act, 1963 , is hereby amended—

(a) in section 7 by the deletion of the words “, must bear the same stamp as if it were a deed,”, and

(b) in section 14 by the deletion of paragraph (c).

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