S.I. No. 181/1977 - Stamp Duty (Presentation of Instruments) Regulations, 1977.

S.I. No. 181 of 1977.

STAMP DUTY (PRESENTATION OF INSTRUMENTS) REGULATIONS, 1977.

The Revenue Commissioners, in exercise of the powers conferred upon them by section 4 of the Finance (1909-10) Act, 1910, as amended by the Finance Act, 1920, hereby make the following regulations :

1. (1) These Regulations may be cited as the Stamp Duty (Presentation of Instruments) Regulations, 1977.

(2) These Regulations shall come into operation on the 4th day of July, 1977.

2. The Regulations made on the 5th day of August, 1920, under section 4 of the Finance (1909-10) Act, 1910, as amended by the Finance Act, 1920, are hereby amended by the substitution for the first subparagraph of paragraph (15) of the following subparagraph:

"(15) Paragraphs (1) to (12) of these Regulations shall not apply to conveyances or leases of houses by a housing authority, within the meaning of the Housing Act, 1966 (No. 21 of 1966), under section 90 of that Act, and it shall not be necessary to present such conveyances or leases to the Commissioners or to furnish them with reasonable particulars thereof".

GIVEN this 22nd day of June, 1977.

M. K. O'CONNOR,

Revenue Commissioner.

EXPLANATORY NOTE.

The effect of these Regulations is—

( a ) to require, in the case of a transfer or lease of freehold registered property, the presentation to the Revenue Commissioners, for the purposes of stamp duty, of particulars of the transaction in the prescribed form (Form ST 21 Particulars Delivered), and

( b ) to terminate the requirement for such presentation in the case of a conveyance or lease of a house by a housing authority under section 90 of the Housing Act, 1966 .