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22 1954

FINANCE ACT, 1954

PART V.

Stamp Duties.

Abolition of stamp duties on marriage licences and certain certificates.

23. —The stamp duties chargeable, by virtue of section 1 of the Stamp Act, 1891—

(a) on a Licence for Marriage, and

(b) on a Copy or Extract (certified) of or from any register of births, baptisms, marriages, deaths or burials,

(being instruments specified in the First Schedule to that Act) shall cease to be payable.

Use of adhesive stamps on attested, etc., copy or extract issued from the Land Registry.

24. —Notwithstanding section 2 of the Stamp Act, 1891, the stamp duty upon any attested or otherwise authenticated copy or extract issued from the Land Registry may be denoted by an adhesive stamp, which is to be cancelled by an officer of the Land Registry before the issue of the copy or extract.

Alteration of stamp duties on conveyances and transfers of land.

25. —(1) Section 13 of the Finance (No. 2) Act, 1947 (No. 33 of 1947), as amended by section 17 of the Finance Act, 1951 (No. 15 of 1951), shall have effect—

(a) as if, in subparagraph (ii) of paragraph (b) of subsection (2), “two thousand five hundred pounds” were substituted for “one thousand pounds”, and

(b) as if, the table set out in subsection (3), the following table were substituted:

“Exceeds

£500

and

does

not

exceed

£550

£5

10s.

£550

£600

£6.

£600

£650

£6

10s.

£650

£700

£7.

£700

£750

£7

10s.

£750

£800

£8.

£800

£850

£8

10s.

£850

£900

£9.

£900

£950

£9

10s.

£950

£1,000

£10.

£1,000

£1,050

£12.

£1,050

£1,100

£14.

£1,100

£1,150

£16.

£1,150

£1,200

£18.

£1,200

£1,250

£20.

£1,250

£1,300

£22.

£1,300

£1,350

£24.

£1,350

£1,400

£26.

£1,400

£1,450

£28.

£1,450

£1,500

£30.

£1,500

£1,550

£32.

£1,550

£1,600

£34.

£1,600

£1,650

£36.

£1,650

£1,700

£38.

£1,700

£1,750

£40.

£1,750

£1,800

£42.

£1,800

£1,850

£44.

£1,850

£1,900

£46.

£1,900

£1,950

£48.

£1,950

£2,000

£50.

£2,000

£2,050

£52

10s.

£2,050

£2,100

£55.

£2,100

£2,150

£57

10s.

£2,150

£2,200

£60.

£2,200

£2,250

£62

10s.

£2,250

£2,300

£65.

£2,300

£2,350

£67

10s.

£2,350

£2,400

£70.

£2,400

£2,450

£72

10s.

£2,450

£2,500

£75.”

(2) A reference in any statutory provision to subsection (3) of section 13 of the Finance (No. 2) Act, 1947 , shall, where appropriate, be construed as a reference to the said subsection as amended by this section.

(3) This section shall come into operation on the 1st day of August, 1954, or the date of the passing of this Act, whichever is the later, and shall not have effect with respect to any instrument executed before such coming into operation.

Alteration of stamp duties on leases.

26. —(1) Section 24 of the Finance Act, 1949 (No. 13 of 1949), as amended by section 18 of the Finance Act, 1951 (No. 15 of 1951), shall have effect—

(a) as if, in paragraph (a) of subsection (3), “two thousand five hundred pounds” were substituted for “one thousand pounds”, and

(b) as if, for the table set out in subsection (3), the following table were substituted:

“Exceeds

£500

and

does

not

exceed

£550

£5

10s.

£550

£600

£6.

£600

£650

£6

10s.

£650

£700

£7.

£700

£750

£7

10s.

£750

£800

£8.

£800

£850

£8

10s.

£850

£900

£9.

£900

£950

£9

10s.

£950

£1,000

£10.

£1,000

£1,050

£12.

£1,050

£1,100

£14.

£1,100

£1,150

£16.

£1,150

£1,200

£18.

£1,200

£1,250

£20.

£1,250

£1,300

£22.

£1,300

£1,350

£24.

£1,350

£1,400

£26.

£1,400

£1,450

£28.

£1,450

£1,500

£30.

£1,500

£1,550

£32.

£1,550

£1,600

£34.

£1,600

£1,650

£36.

£1,650

£1,700

£38.

£1,700

£1,750

£40.

£1,750

£1,800

£42.

£1,800

£1,850

£44.

£1,850

£1,900

£46.

£1,900

£1,950

£48.

£1,950

£2,000

£50.

£2,000

£2,050

£52

10s.

£2,050

£2,100

£55.

£2,100

£2,150

£57

10s.

£2,150

£2,200

£60.

£2,200

£2,250

£62

10s.

£2,250

£2,300

£65.

£2,300

£2,350

£67

10s.

£2,350

£2,400

£70.

£2,400

£2,450

£72

10s.

£2,450

£2,500

£75.”

(2) A reference in any statutory provision to subsection (3) of section 24 of the Finance Act, 1949 , shall, where appropriate, be construed as a reference to the said subsection as amended by this section.

(3) This section shall come into operation on the 1st day of August, 1954, or the date of the passing of this Act, whichever is the later, and shall not have effect with respect to any instrument executed before such coming into operation.

Exemption for certain receipts.

27. —Stamp duty shall not be chargeable on any of the following receipts:

(1) receipt given in respect of any sum paid to a blind person under, or by virtue of any power conferred by, the Blind Persons Act, 1920;

(2) receipt given in respect of any sum paid under, or by virtue of any power conferred by, the Public Assistance Act, 1939 (No. 27 of 1939), to a person eligible for public assistance;

(3) receipt given in respect of any sum paid as compensation under the Workmen's Compensation Acts, 1934 to 1953;

(4) receipt given in respect of any sum paid—

(a) under subsection (3) of section 44 of the Health Act, 1947 (No. 28 of 1947),

(b) under subsection (1) of section 23 of the Health Act, 1953 (No. 26 of 1953),

(c) under subsection (5) of section 50 of the Health Act, 1953 , or

(d) under subsection (1) of section 55 of the Health Act, 1953 , in respect of the boarding out of a child in accordance with the provisions of that section.