§ Question put:
§ A.—That the Stamp Duties charged on conveyances or transfers on sale of property or leases shall be double those now chargeable.
§ B.—That the conveyances or transfers operating as voluntary dispositions inter vivos shall be charged with Stamp Duties, 2180 calculated on the value of the property conveyed or transferred, at the like rates as those chargeable on conveyances or transfers on sale.
§ C.—That the Stamp Duties charged on marketable securities transferable by delivery and share warrants or stock certificates to bearer shall be double those now chargeable.
§ D.—That in lieu of the Stamp Duties now chargeable on contract notes for or relating to the sale or purchase of any stock or marketable security there shall be charged the following Stamp Duties, that is to say:
§ Where the value of the stock or marketable security—
| s. | d. | |
| Is £5 and does not exceed £100 | 0 | 6 |
| Exceeds £100 and does not exceed £500 | 1 | 0 |
| Exceeds 500 and does not exceed 1,000 | 2 | 0 |
| Exceeds 1,000 and does not exceed 1,500 | 3 | 0 |
| Exceeds 1,500 and does not exceed 2,500 | 4 | 0 |
| Exceeds 2,500 and does not exceed 5,000 | 6 | 0 |
| Exceeds 5,000 and does not exceed 7,500 | 8 | 0 |
| Exceeds 7,500 and does not exceed 10,000 | 10 | 0 |
| Exceeds 10,000 and does not exceed 12,500 | 12 | 0 |
| Exceeds 12,500 and does not exceed 15,000 | 14 | 0 |
| Exceeds 15,000 and does not exceed 17,500 | 16 | 0 |
| Exceeds 17,500 and does not exceed 20,000 | 18 | 0 |
| Exceed 20,000 | £1 | 0 |
§ E.—That the like obligation to execute a contract note shall have effect, and the like Stamp Duty shall be charged—
- (a) In the case of a contract under which an option is given to purchase or sell any stock or marketable security at a future time at a certain price; and
- (b) in the case of the sale or purchase of any stock or marketable security
§ by a person who, by way of business, deals or holds himself out as dealing as a principal in stocks and marketable securities;
§ as in the case of the sale or purchase of any stock or marketable security by a broker or agent.
§ The Committee divided: Ayes, 328; Noes, 244