Schedules

Schedule 11U.K.Capital-raising arrangements etc

Part 1U.K.Depositary receipts and clearance services

Stamp duty reserve taxU.K.

13(1)Section 97AA (clearance services: further exception) is renumbered section 97ZA.

(2)In that section—

(a)in the heading, for “further exception” substitute “exception for replacement securities”;

(b)in subsection (1) omit “or issue”;

(c)in subsection (3)—

(i)in paragraph (a), in the words before sub-paragraph (i) omit “or issue”;

(ii)in paragraph (b) omit “or (4)”;

(d)in subsection (4), in paragraph (a) omit “or issued”.