Section 86 Certain loan stock

This section provides for the exemption from stamp duty of transfers of the loan stock of certain State bodies. Due to their respective privatisations, the reference to Bord Telecom Éireann and Irish Telecommunications Investment p.l.c. and ICC Bank public limited company have been deleted as they are no longer entitled to the exemption. However, the exemption will continue to apply to transfers of loan stock issued prior to each of these privatisations.

See also section 16 of the Housing Finance Agency Act, 1981, the text of which is set out in Appendix 2, which extends the benefit of this exemption to bonds, debentures or other securities issued by that Agency. This exemption is wider than that contained in section 85(2)(b).

Relevant Date: Finance Act 2014