Finance Act, 1997
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Amendment of section 207 (exemption from stamp duty of certain financial services instruments) of Finance Act, 1992 . |
125.— Section 207 of the Finance Act, 1992 , is hereby amended— | |
(a) in subsection (1) by the insertion in subparagraph (I) of paragraph (b) of the definition of “American depositary receipt” of “or Canada” after “United States of America”, and | ||
(b) in subsection (2) by the substitution of the following paragraph for paragraph (II) of the proviso to that subsection: | ||
“(II) the stocks or marketable securities of a company, other than a company which is a collective investment undertaking within the meaning of section 18 of the Finance Act, 1989 , which is registered in the State.”. |