# Finance Act 1999, Paragraph 16


Stamp duty is not chargeable under this Schedule on renounceable letters of allotment, letters of rights or other similar instruments where the rights under the letter or other instrument are renounceable not later than six months after its issue.

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Source: https://www.legislation.gov.uk/ukpga/1999/16/schedule/15/paragraph/16 (the official version)
Page: https://openlegislation.uk/finance-act-1999/schedule-15/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.