Clause 8 - Liability for making good void transfers etc
Land Registration Bill [Lords]
11:45 am
Mr Michael Wills (Parliamentary Secretary, Lord Chancellor's Department; North Swindon, Labour)
I hope that I shall be able rapidly to reassure the hon. Gentleman on this point.
The Stamp Duties Management Act 1891 already ensures that only one payment of stamp duty is made in such situations. Section 9 of the 1891 Act states that subject to the production of evidence as to the facts, and to compliance with stamp duty regulations, allowance is to be made by the commissioners for stamps spoiled
''when an instrument executed by any party thereto becomes void for want of registration within the time required by law.''
I can therefore reassure the hon. Gentleman that the amendment is unnecessary, and I invite him to withdraw it.