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15 1933



Stamp Duties.

Stamp duties in foreign currencies.

40. —Where an instrument is chargeable with ad valorem duty in respect of money in any currency other than the currency of Saorstát Eireann, such duty shall be calculated on the value of that money in Saorstát Eireann currency according to the rate of exchange current at the date of such instrument.

Application of section 50 of the Finance Act, 1932 .

41. Section 50 of the Finance Act, 1932 (No. 20 of 1932), shall apply to every sweepstake which is held under any Act passed or to be passed in the financial year beginning on the 1st day of April, 1933, repealing and replacing the Public Charitable Hospitals (Temporary Provisions) Act, 1930 (No. 12 of 1930), as if such sweepstake were held under such last-mentioned Act, but with and subject to such modifications as may be necessary having regard to the terms of the said Act so passed or to be passed.

Exemption from stamp duty on receipts.

42. —The First Schedule to the Stamp Act, 1891, shall be construed and have effect and be deemed always to have had effect as if the following exemption were inserted therein under the head of—“Receipt given for or upon payment of money amounting to £2 or upwards,” in addition to the exemptions contained therein or heretofore added thereto under that head, that is to say:—

“(19). As from the commencement of Part IV of the Court Officers Act, 1926 (No. 27 of 1926), receipt given by a county registrar for money received by him in connection with the discharge of duties transferred by section 54 of that Act from the under-sheriff to the county registrar.”

Non-application of sections 112 and 113 of the Stamp Act, 1891.

43. —(1) Neither section 112 nor section 113 of the Stamp Act, 1891, as amended by subsequent enactments shall apply where a company to which this section applies becomes by any means after the passing of this Act a company so constituted that the liability of its members is limited.

(2) This section applies to every company which—

(a) was in existence at the passing of the Finance Act, 1932 (No. 20 of 1932), and

(b) at such passing was not so constituted that the liability of its members was limited, and

(c) became liable to the payment of corporation profits tax by virtue of section 47 of the said Finance Act, 1932 .