Finance Act, 1961


Stamp Duties.

Termination of stamp duty on receipts.

29.—(1) The stamp duty charged by the Stamp Act, 1891, under the heading “Receipt given for, or upon the payment of, money amounting to £2 or upwards” in the First Schedule to that Act shall cease to be chargeable.

(2) An agreement under section 24 of the Finance Act, 1957 , which was in force immediately before the commencement of this section shall not apply in relation to receipts issued after such commencement.

(3) This section shall come into operation on the 1st day of August, 1961, or the date of the passing of this Act, whichever is the later.