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28 1992

FINANCE (NO. 2) ACT, 1992

PART III

Stamp Duties

Cesser of certain provisions relating to levy on life insurance premiums and on investments in collective investment undertakings.

28. —(1) Paragraphs (b), (c) and (d) of subsection (8) (as amended by section 49 of the Finance Act, 1987 ) of section 92 of the Finance Act, 1982 , shall cease to have effect as respects relevant premiums received by an insurer on or after the commencement of this subsection.

(2) Section 109 of the Finance Act, 1990 , shall cease to have effect as respects capital invested by or on behalf of a unit holder on or after the commencement of this subsection.

(3) Subsections (1) and (2) shall come into operation on such day or days as the Minister for Finance by order appoints.