Stamp Duty and the Land and Conveyancing Law Reform Act 2009
Section 52 of the Land and Conveyancing Law Reform Act 2009 came into operation on 1 December 2009. This section provides that the entire beneficial interest passes to the purchaser on the making of an enforceable contract for the sale or other disposition of land. Following representations through the TALC forum, Revenue has confirmed that they do not regard this section as having any effect on the charge to stamp duty or any exemptions or reliefs from the charge to stamp duty.