Section 117

POWER OF TREASURY TO MAKE PROVISION BY REGULATIONS

1(1)  The Treasury may if they consider it expedient in the public interest make provision by regulations for the variation of an existing stamp duty.

1(2)  The power conferred by this paragraph includes, in particular, power to alter the descriptions of document in respect of which an existing stamp duty, or an existing rate or amount of duty, is chargeable.

1(3)  The power to make regulations under this paragraph is exercisable by statutory instrument.

Statutory Instruments

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