# Finance Act 2024, Section 20: Capital-raising arrangements etc

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

Schedule 11 makes provision for and in connection with ensuring that it continues to be the case that—
(a) no 1.5% charge to stamp duty or stamp duty reserve tax arises in relation to—
(i) issues of securities or stock, or
(ii) transfers of securities made in the course of capital-raising arrangements or qualifying listing arrangements, and
(b) no charge to stamp duty arises in relation to the issue of bearer instruments.

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Source: https://www.legislation.gov.uk/ukpga/2024/3/section/20 (the official version)
Page: https://openlegislation.uk/finance-act-2024/section-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.