Stamp Duties Consolidation Act 1999 section 39

Decree or order for foreclosure, etc, and stamp duty

Section 39 dealt with the stamp duty treatment of foreclosure decrees and any conveyance that followed such a decree.

• Ad valorem stamp duty on a foreclosure decree or order could not exceed the duty chargeable on the value of the property concerned.
• Where the decree or order stated the value of the property, that statement was conclusive for determining the duty payable.
• Where ad valorem duty was paid on the foreclosure decree, any subsequent conveyance following from that decree was exempt from ad valorem stamp duty.
• This section was repealed by Schedule 2 Part 5 of the Land and Conveyancing Law Reform Act 2009.