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Legislation
Finance Act 1987

Crossheading Stamp duty

  • Section 48 Unit trusts.
  • Section 49 Contract notes.
  • Section 50 Warrants to purchase Government stock, etc.
  • Section 51 Bearer instruments relating to stock in foreign currencies
  • Section 52 Clearance services
  • Section 53 Borrowing of stock by market makers
  • Section 54 Shared ownership transactions.
  • Section 55 Crown exemption.
  • Section 56 Stamp duty reserve tax
  1. Stamp duty
  2. Clearance services

Section 52 | Clearance services

From legislation.gov.uk

(1)In section 70(6) of the Finance Act 1986 (transfer of securities to clearance system), for the word “relevant” (in each place where it occurs) there shall be substituted the words “shares, stock or other marketable”.

(2)The amendments made by this section have effect in relation to instruments executed on or after 1st August 1987.

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