Finance Act, 1972

Appeals in certain cases to Appeal Commissioners against valuation of property for stamp duty.

36.—(1) A person who is dissatisfied with a decision of the Revenue Commissioners on any question relating to the value, for the purposes of the Stamp Act, 1891, of any stocks, shares or other securities which are not dealt in on a stock exchange may appeal to the Appeal Commissioners (within the meaning of section 33 of this Act) against the decision and the said section 33 shall, with any necessary modifications, apply to an appeal under this section as if the appeal were an appeal under that section.

(2) An appeal shall not lie under section 13 of the said Stamp Act, 1891, or section 19 of the Finance Act, 1923 , on any question relating to the value of any such stocks, shares or other securities as aforesaid.

(3) This section shall come into operation on the date of the passing of this Act and shall not have effect with respect to any instrument it executed before that date.