Finance Act, 1995
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Amendment of section 106 (exemption from stamp duty of certain loan capital and securities) of Finance Act, 1993. |
148.— Section 106 of the Finance Act, 1993 (as amended by section 106 of the Finance Act, 1994 ), is hereby amended in subsection (2)— | |
(a) by the deletion of “the transfer of loan capital of a company or other body corporate”, | ||
(b) by the substitution in paragraph (a) of “the transfer of loan capital of a company or other body corporate which” for “loan capital which”, | ||
(c) by the deletion of subparagraph (i) of paragraph (a), | ||
(d) by the substitution of the following subparagraph for subparagraph (ii) of paragraph (a): | ||
“(ii) does not carry a right of conversion into stocks or marketable securities (other than loan capital) of a company having a register in the State or into loan capital having such a right,”, | ||
and | ||
(e) by the insertion of “the issue or transfer of” before “securities issued by a qualifying company” in paragraph (b). |