OpenLegislation

Finance Act 1895

Vict/58-59 c. 16 · Enacted 30 May 1895 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 17 July 2014.

An Act to grant certain Duties of Customs and Inland Revenue, to repeal and alter other Duties, and to amend the Law relating to Customs and Inland Revenue and to make Provision for the Financial Arrangements of the Year.[30th May 1895]I1

Annotations to the whole text

Commencement

I1

Act partly in force at Royal Assent; all provisions so far as unrepealed wholly in force at 1.2.1991.

Contents

  1. Part I
  2. 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  3. 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  4. Part II: Stamps
  5. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  6. 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  7. 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  8. 12Collection of stamp duty in cases of property vested by Act or purchased under statutory power.
  9. 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  10. 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  11. 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  12. 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  13. Part III
  14. 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  15. Part IV: Miscellaneous
  16. 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Repealed
  17. 20Short title
  18. Schedule

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

12Collection of stamp duty in cases of property vested by Act or purchased under statutory power.C8C1C2C3C4C5C6C7

Where after the passing of this Act, by virtue of any Act, whether passed before or after this Act, either—

(a)

any F1stock or marketable securities are vested by way of sale in any person; or

(b)

any person is authorised to purchase F2stock or marketable securities;

such person shall within three months after the passing of the Act, or the date of vesting, whichever is later, or after the completion of the purchase, as the case may be, produce to the Commissioners of Inland Revenue a copy of the Act printed by the Queen’s printer of Acts of Parliament or some instrument relating to the vesting in the first case, and an instrument of F3transfer of the property in the other case, duly stamped with the ad valorem duty payable upon a transfer on sale of the property; and in default of such production, the duty with interest thereon at the rate of five per cent. per annum from the passing of the Act, date of vesting, or completion of the purchase, as the case may be, shall be a debt to Her Majesty from such person.

13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .F1

20Short title

This Act may be cited as the Finance Act 1895.