Health Insurance (Amendment) Act 2021

Amendment of section 125A of Stamp Duties Consolidation Act 1999

8. Section 125A of the Stamp Duties Consolidation Act 1999 is amended by the substitution of the following definition for the definition of “specified rate”:

“ ‘specified rate’ means—

(a) in respect of relevant contracts renewed or entered into on or after 1 January 2022 and on or before 31 March 2022—

(i) €52 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for non-advanced cover,

(ii) €150 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for advanced cover,

(iii) €157 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for non-advanced cover, and

(iv) €449 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for advanced cover,

and

(b) in respect of relevant contracts renewed or entered into on or after 1 April 2022—

(i) €41 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for non-advanced cover,

(ii) €135 in respect of an insured person aged less than 18 years insured under a relevant contract which provides for advanced cover,

(iii) €122 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for non-advanced cover, and

(iv) €406 in respect of an insured person aged 18 years or over insured under a relevant contract which provides for advanced cover.”.