HC Deb 07 December 1993 vol 234 c275


That the following provisions shall have effect for the period beginning 7th December 1993 and ending 31 days after the earliest of the dates mentioned in section 50(2) of the Finance Act 1973

(1) In section 122 of the Stamp Act 1891 (definitions)— (a) after subsection (1) there shall be inserted—"(1A) For the purposes of this Act a deed (or, in Scotland, a deed for which delivery is required) shall be treated as executed when it is delivered or, if it is delivered subject to conditions, when the conditions are fulfilled", and (b) at the end of the definition of "executed" and "execution" in subsection (1) there shall be added "(but subject to subsection (1A) of this section)".

(2) In section 27 of the Stamp Duties Management Act 1891 (definitions), in the definition of "executed" and execution", for the words following "execution" there shall be substituted "have the same meaning as in the Stamp Act 1891".

(3) This Resolution shall apply to any instrument except one which, on or before 7th December 1993, had been executed for the purposes of the Stamp Act 1891 as that Act had effect before amendment by this resolution.

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.