{
  "url": "https://openlegislation.uk/stamp-act-1891/section-122",
  "json_url": "https://openlegislation.uk/stamp-act-1891/section-122.json",
  "legislation": "ukpga/Vict/54-55/39",
  "legislation_title": "Stamp Act 1891",
  "legislation_url": "https://openlegislation.uk/stamp-act-1891",
  "path": "section/122",
  "kind": "section",
  "number": "122",
  "heading": "Definitions.",
  "text": "(1) In this Act, unless the context otherwise requires,—\nThe expression “Commissioners” means Commissioners of Inland Revenue:\nThe expression “material” includes every sort of material upon which words or figures can be expressed:\nThe expression “instrument” includes every written document:\nThe expression “stamp” means as well a stamp produced by means of a die as an adhesive stamp:\nThe expression “stamped”, with reference to instruments and material, applies as well to instruments and material bearing stamps produced by means of a die as to instruments and material having adhesive stamps affixed thereto:\nThe expressions “executed” and “execution”, with reference to instruments not under seal, mean signed and signature: (but subject to subsection (1A) of this section)\nThe expression “money” includes all sums expressed in British or in any foreign or colonial currency:\nThe expression “stock” includes any share in any stocks or funds transferable by the Registrar of Government Stock . . ., any strip (within the meaning of section 47 of the Finance Act 1942) of any such stocks or funds,. . . and any share in the stocks or funds of any foreign or colonial state or government, or in the capital stock or funded debt of any county council, corporation, company, or society in the United Kingdom, or of any foreign or colonial corporation, company, or society:\nThe expression “marketable security” means a security of such a description as to be capable of being sold in any stock market in the United Kingdom:\n...\n“The expression “tribunal” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal”.\n(1A) For the purposes of this Act a deed (or, in Scotland, a deed for which delivery is required) shall be treated as executed when it is delivered or, if it is delivered subject to conditions, when the conditions are fulfilled\n(2) In the application of this Act to Scotland expressions referring to the High Court shall be construed as referring to the Court of Session sitting as the Court of Exchequer.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 122(1) substituted (22.4.2019) by The Stamp Duty (Method of Denoting Duty) Regulations 2019 (S.I. 2019/719), regs. 1, 3(4)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 122(1) substituted (22.4.2019) by The Stamp Duty (Method of Denoting Duty) Regulations 2019 (S.I. 2019/719), regs. 1, 3(4)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 122(1) added (3.5.1994 with effect as mentioned in s. 239(3) of the amending Act) by 1994 c. 9, s. 239(1(b)(3)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 122(1) substituted (1.7.2004) by The Government Stock (Consequential and Transitional Provision) (No. 2) Order 2004 (S.I. 2004/1662), art. 1, Sch. paras. 1, 6 (with art. 3)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 122(1) repealed (28.10.2002) by S.I. 2002/2521, arts. 1(2), 2(1), 10(2), Sch. 2 Pt. I"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words inserted (29.4.1996) by 1996 c. 8, s. 202, Sch. 40 para. 1"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in s. 122(1) repealed (21.7.2008) by Statute Law (Repeals) Act 2008 (c. 12), Sch. 1 Pt. 8"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in s. 122(1) inserted (1.4.2009) by The Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 (S.I. 2009/56), art. 1(2), Sch. 1 para. 4"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "S. 122(1A) inserted (3.5.1994 with effect as mentioned in s. 239(3) of the amending Act) by 1994 c. 9, s. 239(1)(a)(3)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "1942 c. 21."
    },
    {
      "type": "C",
      "label": "C1",
      "text": "S. 122(1) excluded (8.10.1997 but with application 20.10.1997) by 1986 c. 41, s. 80A(7) (as inserted by 1997 c. 16, s. 97(1); S.I. 1997/2428, art. 2(2))Words in s. 122(1) excluded (8.10.1997 but with application 20.10.1997) by 1986 c. 41, s. 80C(5) (as inserted by 1997 c. 16, s. 98(1));S.I. 1997/2428, art. 2(2))"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "S. 122(1) excluded by 1986 c. 41, s. 80D(8) (as inserted (with effect in accordance with s. 83(2)(3) of the amending Act) by Finance Act 2009 (c. 10), Sch. 37 para. 2)"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Definition of “instrument” extended by Companies Act 1948 (c. 38), s. 52(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Vict/54-55/39/section/122",
    "retrieved_at": "2026-10-29T12:33:08.797085+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."
}