6Exemptions from stamp duty

6 Exemptions from stamp duty

Notwithstanding the provisions of the Stamp Duties Act 1931 –

(a) a document executed to give effect to any vesting provided for by this Act is not liable to stamp duty; and

(b) if, within one year after the appointed day, the Beneficiary makes a disposition of any property vested in her under section 5 (1) (b) in favour of, or for the benefit of, one or more of her children, a document executed by her is not liable to stamp duty so far as it relates to that disposition.