Finance Act, 2000

Reorganisation of undertakings for collective investment.

130.—(1) The Principal Act is amended by the insertion of the following section after section 88:

“88A.—Stamp duty shall not be chargeable on any conveyance or transfer of assets in respect of which no chargeable gain accrues by virtue of section 739A (inserted by the Finance Act, 2000) of the Taxes Consolidation Act, 1997 .”.

(2) This section shall apply and have effect in relation to a conveyance or transfer executed on or after the date of the passing of this Act.