Paragraph 23
United Kingdom
(1)
Section 50 of FA 1987 (warrants to purchase Government stock etc) is amended as follows.
(2)
In subsection (2)—
(a)
omit paragraph (a);
(b)
in paragraph (b), for “such an instrument” substitute “an instrument which relates to an interest, right or option within subsection (1)”.
(3)
In subsection (3)—
(a)
omit paragraph (b);
(b)
in paragraph (c), for “under that Schedule” substitute “under Schedule 15 to the Finance Act 1999 (stamp duty: bearer instruments)”.