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FEBRUARY, 1917]
The Gazette ol the Incorporated Law Society of Ireland.
61
Commissioner to Administer Oaths.
THE Lord Chancellor has appointed the
following to be a Commissioner to administer
Oaths :—
John Sweeney, Clerk of Petty Sessions,
Tamney, Co. Donegal.
New Members.
THE
following joined the Society during
January, 1917 :—
Cottrell, John, 17 Warren's Place, Cork.
Fitzpatrick, Fintan, 10 Nassau Street,
Dublin.
Gleeson, Lughaidh P., Nenagh.
McCourt, Wm. J., Downpatrick.
McGuckin, Vincent, Magherafelt.
O'Donnell, Hugh P., Carlow.
Calendar of the Society for 1917.
THE Calendar and Law Directory of the
Society for 1917, can be obtained in the
Secretary's Office, price three shillings, by
post three shillings and fivepence.
Registration of Business
Names
Act, 1916.
THE attention of members
is drawn
to
Section 5 of this Act, which requires registra
tion under the Act to be effected between
the 22nd February and 22nd March,
i.e.,
after the expiration of two months and
before the expiration of three months from
the passing of the Act. The Registrar for
this country is the Registrar-General for
Ireland, and he is opening an office for the
purpose at Coleraine House, Coleraine Street,
Dublin.
Valuation of Agricultural Property for
Purposes of Estate Duty.
IN reply to a letter relating to the present
effect of the decision of the
Attorney-General
v.
Robinson
(2 I. R. 1901, p. 67), the Secretary
has received from the Registrar of Estates
Duties a letter in which it is stated " that
" the proviso to Section 7 (5) of the Finance
" Act,
1894,
enacts
that
the value of
agricultural property for purposes of Estate
" Duty is not to exceed 25 times the annual
" value.
Sub-Section (1) of Section 60 of
the Finance (1909-10) Act, 1910, repeals
the said proviso ;
and under Sub-Section
(2) of the same Section the Commissioners
are bound to take the market price of the
property at the date of
the death as
representing the principal value.
Two
exceptions to this rule are introduced by
Section 61 (1) of the latter Act, viz. :—
"
(a)
Property consisting of a tenancy from
year to year, including a statutory
tenancy, and
"
(b)
for determining the gross value or the
net value of property for the purpose
of Section 16 of the former Act,
i.e.,
cases where the net value of the
property does not exceed £1,000.
" As regards the two exceptions, the said
;
Section 61 (1) enacts that the proviso to
' Section 7 (5), quoted above, of the Finance
Act, 1894, shall continue'to apply ;
in other
words, that in these two exceptions the
principal value of agricultural property is
not to exceed 25 times the annual value,
and that consequently the principle under
lying the decision in the
Attorney-General
;
v.
Robinson
applies to cases covered by
' these exceptions.
"It is to be observed that if the land is
' neither a yearly tenancy nor a statutory
' tenancy, and the net value of the estate is
' £1,000 or upwards the said Section 61 (1)
' has no application, and that consequently
'
in such cases Estate Duty is payable on the
' market price, as determined by the Com-
'
missioncr of Valuation, regardless of the
' decision
in
the
Attorney-General
v.-
''
Robinson."
Irish Land Commission.
CHIEF COMMISSION SITTINGS, ARRANGED
JANUARY, 1917.
Place of Sitting
Dublin
>*
Armagh
Monaghan ...
Enniskillen...
Date of Sitting
1917.
Fri., 23rd Feb., at
1 1.30 a.m.
Friday, 2nd Mar.,
at i • .30 a.m.
Tues., I3th Mar.,
at ii a.m.
Wed., i4th March,
at 10.30 a.m.
Thurs., J5th Mar.,
at 1 1 a.m.
Counties Listed
Kilkenny, King's,
and Dublin
Meath.Westmeath
and Queen's
Armagh
Monaghan
Fermanagh