Finance Act, 1973

Chapter II

Stamp Duty on Capital Companies

Interpretation (Chapter II).

67.—In this Chapter, save where the context otherwise requires—

“capital company” means—

(a) a company incorporated with limited liability, or a limited partnership formed under the law of the State or a company or partnership which is incorporated or formed in any other Member State and which, under the law of that State, corresponds to any such company or partnership, or

(b) any other company, firm, association or legal person the shares in whose capital or assets can be dealt in on a stock exchange, or

(c) any other company, firm, association or legal person operating for profit whose members have the right to dispose of their shares to third parties without prior authorisation and are responsible for the debts of the company, firm, association or legal person only to the extent of their shares;

“Member State” means a Member State of the European Economic Community;

“operative date” means the 1st day of August, 1973, or the date of the passing of this Act, whichever is the later;

“registrar” means the registrar of companies within the meaning of the Companies Act, 1963 ;

“stamp duty” means the stamp duty imposed by section 68 of this Act;

“statement” means the statement required to be delivered under section 69 (1) of this Act;

“third country” means a State which is not a Member State;

“transaction” means a transaction to which section 68 (1) of this Act applies;

a reference to stamp duty paid means stamp duty paid to the Revenue Commissioners.