# Finance Act 1976, Section 131: Inter-American Development Bank.

Extent: E+W+S+N.I.

(1) The following provisions of this section shall have effect on the United Kingdom’s becoming a member of the Inter-American Development Bank (“the Bank").
(2) A security issued by the Inter-American Development Bank shall be taken for the purposes of capital transfer tax . . . to be situated outside the United Kingdom.
(3) No stamp duty shall be chargeable under Schedule 15 to the Finance Act 1999 (bearer instruments) ... on the transfer of the stock constituted by, or transferable by means of, any instrument issued by the Bank.

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Source: https://www.legislation.gov.uk/ukpga/1976/40/section/131 (the official version)
Page: https://openlegislation.uk/finance-act-1976/section-131
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.