The Finance Act 1997 (Stamp Duty and Stamp Duty Reserve Tax) (Appointed Day) Order 1997
As from a day appointed by the Treasury, sections 97, 98, 102 and 103 of the Finance Act 1997 introduce new rules conferring relief from stamp duty and stamp duty reserve tax for intermediaries trading in United Kingdom securities, and similar relief in connection with stock borrowing and sale and repurchase arrangements.