Paragraph 19
Northern Ireland
The heading “Lease or Tack” in Schedule 1 to the Stamp Act 1891 shall be amended as follows.
The duty chargeable under paragraph (2)(a) and paragraph (4) shall be £1 and £2 respectively (instead of 50p and £1 as provided by section 5(2) of the M1Finance Act (Northern Ireland) 1963), and the rates of duty specified in the said paragraphs (2)(a) and (4) shall be amended accordingly.
For the Table set out in paragraph (3), as substituted by section 5(1) of the Finance Act (Northern Ireland) 1963 and amended by Article 12(3) of the M2Finance (Northern Ireland) Order 1972, substitute—
| If the term does not exceed 7 years or is indefinite | If the term exceeds 7 years but does not exceed 35 years | If the term exceeds 35 years but does not exceed 100 years | If the term exceeds 100 years | |
|---|---|---|---|---|
| £p | £p | £p | £p | |
| Not exceeding £5 per annum. | Nil | 0.10 | 0.60 | 1.20 |
| Exceeding £5 and not exceeding £10. | Nil | 0.20 | 1.20 | 2.40 |
| Exceeding £10 and not exceeding £15. | Nil | 0.30 | 1.80 | 3.60 |
| Exceeding £15 and not exceeding £20. | Nil | 0.40 | 2.40 | 4.80 |
| Exceeding £20 and not exceeding £25. | Nil | 0.50. | 3.00 | 6.00 |
| Exceeding £25 and not exceeding £50. | Nil | 1.00 | 6.00 | 12.00 |
| Exceeding £50 and not exceeding £75. | Nil | 1.50 | 9.00 | 18.00 |
| Exceeding £75 and not exceeding £100. | Nil | 2.00 | 12.00 | 24.00 |
| Exceeding £100 and not exceeding £150. | Nil | 3.00 | 18.00 | 36.00 |
| Exceeding £150 and not exceeding £200. | Nil | 4.00 | 24.00 | 48.00 |
| Exceeding £200 and not exceeding £250. | Nil | 5.00 | 30.00 | 60.00 |
| Exceeding £250 and also for any fraction part thereof. | 0.50 | 1.00 | 6.00 | 12.00 |
Annotations
Marginal citations
- M1
- M2
Notes on Schedule 11
Textual amendments
- F1
Sch. 11 repealed (27.7.1999 with effect as mentioned in Sch. 20 Pt. V(2) notes 1, 2 of the amending Act) by 1999 c. 16, s. 139, Sch. 20 Pt. V(2)