National Stud Act, 1945

Exemption from stamp duties.

5.—(1) Section 12 of the Finance Act, 1895, shall not operate so as to require the Company to deliver to the Revenue Commissioners a copy of this Act or to pay any stamp duty under that section on any copy of this Act.

(2) Section 112 of the Stamp Act, 1891, shall not operate so as to require the Company to deliver to the registrar of companies any statement or to pay any stamp duty under that section in respect of the share capital of the Company.

(3) No stamp duty shall be payable on any transfer of shares of the Company.

(4) An instrument made under section 7 or section 8 of this Act and sealed with the official seal of the Minister for Agriculture shall not, by reason only of such seal being affixed thereto, be rendered liable to any higher stamp duty than if it were an instrument under hand only.