Section 190

In the case of a winding up by the court, or of a creditors’ voluntary winding up, the following has effect as regards exemption from duties chargeable under the enactments relating to stamp duties. If the company is registered in England and Wales, the following documents are exempt from stamp duty— every assurance relating solely to freehold or leasehold property, or to any estate, right or interest in, any real or personal property, which forms part of the company’s assets and which, after the execution of the assurance, either at law of in equity, is or remains part of those assets, and every writ, order, certificate, or other instrument or writing relating solely to the property of any company which is being wound up as mentioned in subsection (1), or to any proceeding under such a winding up. “Assurance” here includes deed, conveyance, assignment and surrender. If the company is registered in Scotland, the following documents are exempt from stamp duty— “Conveyance” here includes assignation, instrument, discharge, writing and deed. every conveyance relating solely to property which forms part of the company’s assets and which, after the execution of the conveyance, is or remains the company’s property for the benefit of its creditors, any articles of roup of sale, submission and every other instrument and writing whatsoever relating solely to the company’s property, and every deed or writing forming part of the proceedings in the winding up.

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Source: legislation.gov.uk · retrieved 2026-09-04