# Finance Act 1999, Paragraph 9


The ad valorem duty paid upon a contract or agreement by virtue of paragraph 7 shall be repaid by the Commissioners if the contract or agreement is afterwards rescinded or annulled or is for any other reason not substantially performed or carried into effect so as to operate as or be followed by a conveyance or transfer.

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Source: https://www.legislation.gov.uk/ukpga/1999/16/schedule/13/paragraph/9 (the official version)
Page: https://openlegislation.uk/finance-act-1999/schedule-13/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.