# Finance Act 1928

Geo5/18-19 c. 17 · enacted 3 August 1928 · revised to 2 February 1991

An Act to grant certain duties of Customs and Inland Revenue (including Excise), to alter other duties, and to amend the law relating to Customs and Inland Revenue (including Excise) and the National Debt, and to make further provision in connection with finance.

## Introductory text

An Act to grant certain duties of Customs and Inland Revenue (including Excise), to alter other duties, and to amend the law relating to Customs and Inland Revenue (including Excise) and the National Debt, and to make further provision in connection with finance.
[3rd August 1928]

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2)-(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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## Part III: Miscellaneous

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## 26 Interest on Victory Bonds or Funding Loan held by National Debt Commissioners not to be paid.

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## 30 Exemption from income tax, estate duty and stamp duties in case of trust funds and gifts for reduction of National Debt.

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(4) Any instrument by which any property is transferred to trustees to be held upon trust in accordance with directions which are valid and effective under the said section nine or by which any property is conveyed by way of absolute gift to the National Debt Commissioners to be applied by them in reduction of the National Debt shall be exempt from stamp duty.

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## 35 †Construction, Short title, application and repeal.

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(3) Any reference in this Act to any enactment shall be construed as a reference to that enactment as amended by any subsequent enactment, including this Act.
(4) This Act may be cited as the Finance Act 1928.
(5) Such of the provisions of this Act as relate to matters with respect to which the Parliament of Northern Ireland has powers to make laws shall not extend to Northern Ireland.
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## Schedule FIRST 

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## Schedule SECOND 

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## Schedule THIRD 

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## Schedule FOURTH 

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## Schedule FIFTH 

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Source: https://www.legislation.gov.uk/ukpga/Geo5/18-19/17 (the official version)
Page: https://openlegislation.uk/finance-act-1928
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.