TRANSF'ER OF LEASEHOLD PROPERTY.

HC Deb 23 June 1910 vol 18 c501

Mr. SANDERS

asked why exemption from the increased Stamp Duty is refused in the case of transfers of leasehold property under £500 in value?

Mr. LLOYD GEORGE

A transfer of leasehold property under £500 in value is (if first executed after the commencement of the Finance (1909–10) Act) not liable to the increased Stamp Duty, provided the conveyance contains a certificate such as is mentioned in Section 73 of the Act.