Finance Act, 1992

Repeal of certain provisions relating to Governor and Company of the Bank of Ireland.

215.—(1) The following provisions are hereby repealed, to the extent that they grant an exemption from stamp duty to transfers of any stocks or marketable securities of the Governor and Company of the Bank of Ireland, that is to say:

(a) section 7 of the pre-Union Irish Statute entitled “An Act to enable the proprietors of debentures issued by Government, to convert them into stock, transferable at the Bank of Ireland” (37 Geo. 3, c. 54) and passed in the year 1797, and

(b) section 4 of the Bank of Ireland Act, 1821 .

(2) Except in the case of a transfer which relates to a purchase of stocks or marketable securities which occurred prior to the 27th day of April, 1992, the provisions of this section shall apply to any transfer of the stocks or marketable securities of the Governor and Company of the Bank of Ireland which occurs on or after that date.