51. STAMP DUTY: SALE OF HOUSES AT DISCOUNT BY CERTAIN BODIES

HC Deb 19 March 1984 vol 56 c854

Motion made, and Question, That for the period beginning 20th March 1984 and ending 31 days after the earliest of the dates mentioned in section 50(2) of the Finance Act 1973, section 107 of the Finance Act 1981 shall have effect—

1. (a) with the addition to subsection (3) of the following paragraph—
• "(n) the United Kingdom Atomic Energy Authority"; and
2. (b) with the insertion, after subsection (3), of the following subsection:
• "(3A) This section also applies to any conveyance or transfer on sale of a dwelling-house where the conveyance or transfer is made pursuant to a sub-sale made at a discount by a body falling within subsection (3)(f) above."

The foregoing provisions shall apply—

1. (a) to instruments executed on or after 20th March 1984; and
2. (b) to instruments executed on or after 13th March 1984 and stamped on or after 20th March 1984; and, for the purposes of section 14(4) of the Stamp Act 1891 (instruments not to be given in evidence etc. unless stamped in accordance with the law in force at the time of first execution), the law in force at the time of execution of an instrument falling within sub-paragraph (b) above shall be deemed to be that as varied in accordance with the foregoing provisions.

And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of section 50 of the Finance Act 1973.—[Mr. Lawson.]

put forthwith pursuant to Standing Order No. 114 (Ways and Means motions), and agreed to.