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Composition for stamps on notes, &c. of Bank of Ireland.
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19. All bank notes and bank post bills, which shall be issued by the Bank of Ireland, shall be exempt from the stamp duties which may from time to time be charged thereon respectively (unless otherwise expressly provided in the Act or Acts charging the same) from every twenty-fifth day of March for one whole year next following; provided the governor and company of the said bank shall on the said twenty-fifth day of March respectively have paid into his Majesty's Treasury in Ireland such sum of money as shall have been from time to time agreed upon by and between the said governor and company and the lord high treasurer of Ireland, or the commissioners for executing the office of lord high treasurer of Ireland, as a compensation for and to be in lieu of and in full satisfaction for all stamp duties payable upon all notes and bills to be issued by the said bank during the year next ensuing respectively; and any such composition heretofore made shall be in force according to the terms thereof, as if this Act had not passed.
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