Currency Act, 1927
Exemptions from taxes and duties.
67.—(1) Relief from income tax shall be given by repayment or otherwise to the Commission in respect of all income from whatever source accruing to the Commission under or by virtue of this Act.
(2) Part V of the Finance Act 1920 as amended by subsequent enactments shall not apply to the profits of the Commission.
(3) Notwithstanding anything contained in paragraph (b) of clause 10 of the Inland Revenue (Adaptation of Taxing Acts) Order, 1923 (No. 4 of 1923), Exemption (1) of the General Exemptions from all Stamp Duties contained in the First Schedule to the Stamp Act, 1891, shall apply to all transfers made by the Commission of shares in—
(a) the stocks and funds of the Government or Parliament of the late United Kingdom of Great Britain and Ireland, and
(b) the stocks and funds of the Government or Parliament of the United Kingdom of Great Britain and Northern Ireland,
whether such stocks and funds are registered in the books of the Bank of Ireland in Dublin or are registered elsewhere.
(4) Stamp duty shall not be chargeable on any contract note issued to the Commission in any case in which such duty would be payable by the Commission as part of its expenses.