{
  "url": "https://openlegislation.uk/finance-act-1999/section-123",
  "json_url": "https://openlegislation.uk/finance-act-1999/section-123.json",
  "legislation": "ukpga/1999/16",
  "legislation_title": "Finance Act 1999",
  "legislation_url": "https://openlegislation.uk/finance-act-1999",
  "path": "section/123",
  "kind": "section",
  "number": "123",
  "heading": "Construction of this Part and other supplementary provisions.",
  "text": "(1) This Part—\n(a) so far as it relates to stamp duty shall be construed as one with the Stamp Act 1891, and\n(b) so far as it relates to stamp duty reserve tax shall be construed as one with Part IV of the Finance Act 1986.\n(2) In this Part—\n(a) “the enactments relating to stamp duty” means the Stamp Act 1891 and any enactment amending or which is to be construed as one with that Act; and\n(b) “the enactments relating to stamp duty reserve tax” means Part IV of the Finance Act 1986 and any enactment amending or which is to be construed as one with that Part.\n(3) The following provisions of this Part shall cease to have effect on the day appointed under section 111(1) of the Finance Act 1990 (abolition of stamp duty for securities etc.)—\nsection 113;\nsections 116 to 121;\nsubsections (1)(b) and (2)(b) of this section;\nin Schedule 13—\nparagraph 3,\nin paragraph 4 the words “in the case of any other conveyance or transfer on sale”,\nparagraph 7(1)(b)(ii) to (iv),\nparagraph 24(a)... and (d);\nin Schedule 14, paragraphs 5, 8, 12, 13, 16 to 21 and 23;\nSchedule 15;\nin Schedule 16, paragraphs 2 to 11;\nin Schedule 17, paragraphs 6 to 8;\nParts I and III of Schedule 19;\nin Part IV of that Schedule, the words “and the enactments relating to stamp duty reserve tax” in paragraphs 14(1), 15, 16, 17(1) and 18(1).\n(4) The amendment by this Part, or the repeal in consequence of this Part, of any enactment relating to stamp duty does not affect that enactment as applied for any purpose other than stamp duty.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 123(3) omitted (19.7.2011) by virtue of Finance Act 2011 (c. 11), Sch. 26 para. 7(2)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 123(3) substituted (with effect in accordance with s. 114(4) of the amending Act) by Finance Act 2014 (c. 26), s. 114(3)(a)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "1891 c.39."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1986 c.41."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "1986 c.41."
    },
    {
      "type": "M",
      "label": "M4",
      "text": "1990 c.29."
    }
  ],
  "outstanding_effects": [
    {
      "type": "repealed in part (prosp.)",
      "affecting": "ukpga/1999/16",
      "affecting_title": "Finance Act 1999"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1999/16/section/123",
    "retrieved_at": "2026-10-29T09:21:57.430446+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}