708 / 822
1890 to 1931, or the Labourers Acts, 1883
to 1941, or any Acts amending or extending
those Acts, or of a conveyance or transfer
by a society registered under the Industrial
and Provident Societies Acts, 1893 to 1936,
and made, in accordance with a scheme for
the provision of houses for its members,
to a member coming within one of sub-
paragraphs (i) to (vi) of paragraph
(a)
of
subsection (4) of this section, or to such
member and the spouse of the member ;.
(/;>)
in any other case—
(i) where the amount or value of the con
sideration does not exceed five hun
dred pounds and the instrument con
tains a statement certifying that the
transaction thereby effected does not
form part of a larger transaction or
of a series of transactions, in respect
of which the amount of value, or the
aggregate amount or value, of the
consideration exceeds
five hundred
pounds, or
(ii) where the amount or value of the
consideration exceeds
five hundred
pounds but does not exceed one
thousand pounds and the instrument
contains a statement certifying that
the transaction thereby effected does
not form part of a larger transaction
or of a series of transactions.
(3) In such case as is mentioned in paragraph
(b)
(ii) of subsection (2) of this section the duty charge
able shall on and after the ist day of December,
1947, be as follows :—
Where the amount or value of the consideration
for the sale—
£
£
Exceeds 500 and does not exceed 550 ...
-£
7 IDS.
55°
»
„
6o° ••• £10
600
„
„
650 ... £15
650
„
„
700 ... £20
7°°
„
„
75° ••• £25
75°
„
„
800 ... £30
800
„
„
850 ... £35
850
„
„
900 ... £40
9°°
»
»
95° ••• £45
950
„
„
•
1,000 ... £50
(4) The foregoing provisions of this section shall
have effect if, but only if—
(#)
the person who becomes entitled to the
entire beneficial interest in the property
(jar, where more than one person becomes
entitled to a beneficial interest therein, each
of them) is either—
(i) an Irish citizen,
(ii) a person who is for the time being
ordinarily resident in the State and who
was ordinarily resident in
the State
continuously during
the three years
immediately preceding the
I5th day
of October, 1947,
(iii) a body corporate incorporated in the
State on or before the I5th day of
October, 1947,
(iv) a body corporate incorporated outside
the State which, on or before the ijth
day of October, 1947, has filed with
the registrar of companies the docu
ments and particulars mentioned
in
subsection (i) of section 274 of the
Companies (Consolidation) Act, 1908,
(v) a person lawfully carrying on a business
which comes within the provisions of
any paragraph of subsection (i) of
section 9 of the Control of Manu
factures Act, 1934 (No. 36 of 1934), or
(vi) a body corporate incorporated in the
State after the I5th day of October,
1947, where the issued shares of each
class are, to an extent exceeding one-
half (in nominal value) thereof, in the
beneficial ownership of persons each
of whom
is within
one of sub-
paragraphs
(i)
to
(v)
of
this
paragraph,
and
(b)
the instrument contains a certificate
to
that effect by the party to whom the pro
perty is being conveyed or transferred.
(5) In any case in which, by virtue of subsection
(4) of this section, the provisions of subsections (i),
(2) and (3) of this section have no effect, the stamp
duties chargeable on conveyances or transfers of
lands,
tenements
and hereditaments under
the
heading " Conveyance or Transfer on sale of any
property " in the First Schedule to the Stamp Act,
1891, as amended by subsequent enactments shall,
on and after the ist day of December, 1947, be at the
rate (in this section referred to as the higher rate)
of twenty-five pounds per cent, of the amount or
value of the consideration in lieu of the rates imme
diately theretofore chargeable.
(6)
(a)
Subject to paragraph
(b)
of this subsection,
this section shall apply to any conveyance
or transfer of lands, tenements and here
ditaments operating as a voluntary dis
position
inter vivos,
and reference in this
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