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SCHEDULES

SCHEDULE 32U.K.Stamp duty: abolition of fixed duty on certain instruments

Part 1 U.K.Abolition of fixed duty

FA 1986U.K.

7U.K.In section 70(9) (transfer of securities between clearance systems), for “the stamp duty chargeable on the instrument is £5” substitute “ stamp duty is not chargeable on the instrument ”.