S.I. No. 136/1980 - Imposition of Duties (No. 248) (Stamp Duty on Bills of Exchange and Promissory Notes) Order, 1980

1. This Order may be cited as the Imposition of Duties (No. 248) (Stamp Duty on Bills of Exchange and Promissary Notes) Order, 1980.

2. This Order shall come into operation on the 16th day of May, 1980.

3.

Section 41

of the

Finance Act, 1970

(No. 14 of 1970), is hereby amended by the substitution of "3p" for "one new penny" in subsection (1) and for "one penny in new currency" in subsection (3).

GIVEN under the Official Seal of the Government, this 9th day of May, 1980.

CHARLES J. HAUGHEY,

Taoiseach.

EXPLANATORY NOTE.

This Order provides for the charging of stamp duty at threepence instead of one penny on bills of exchange and promissory notes drawn in the State including cheques.

This Order comes into operation on 16th

May, 1980.

S.I. No. 136 of 1980.

IMPOSITION OF DUTIES (No. 248) (STAMP DUTY ON BILLS OF EXCHANGE AND PROMISSORY NOTES) ORDER, 1980

The Government, in exercise of the powers conferred on them by

section 1

of the

Imposition of Duties Act, 1957

(No. 7 of 1957), and

section 22

of the

Finance Act, 1962

(No. 15 of 1962), hereby order as follows