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Section 144: Stamp duty reserve tax: paired shares etc

Finance Act 1988 · 1988 c. 39View on legislation.gov.uk

Part IV: Miscellaneous and General

Section 99 of the Finance Act 1986 (stamp duty reserve tax: interpretation) shall be amended as follows.

For subsections (3) to (6) there shall be substituted —

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

In subsection (10), for paragraph (a) there shall be substituted —

After subsection (10) there shall be added —

This section applies in relation to —

agreements to transfer chargeable securities (within the meaning of section 99 of the Finance Act 1986 as amended by this section) made on or after 9th December 1987; and
the transfer, issue or appropriation of such securities, or the issue of securities such as are mentioned in subsection (11) of that section, on or after that date in pursuance of an arrangement such as is mentioned in that subsection (whenever the arrangement was made),

and shall be deemed to have come into force on that date.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.