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28 1935



Miscellaneous and General.

Amendment of Section 42 of the Finance Act, 1920.

35. —So much of sub-section (3) of section 42 (which provides for the reduction of stamp duty in the case of certain transfers of marketable securities) of the Finance Act, 1920, as defines the meaning of the word “dealer” for the purposes of that section is hereby repealed, and in lieu thereof it is hereby enacted that, for the purposes of the said section, the word “dealer” means a person who is a member of a stock exchange in Saorstát Eireann and is recognised by the Committee of that stock exchange as carrying on the business of a dealer.

Amendment of First Schedule to Stamp Act, 1891.

36. —The First Schedule to the Stamp Act, 1891, shall be construed and have effect as if exemption (18) under the head “Eeceipt given for, or upon the payment of, money amounting to £2 or upwards” (being the exemption inserted therein by virtue of sub-section (2) of section 38 of the Finance Act, 1926 (No. 35 of 1926)), were amended by the insertion of the word “four” in lieu of the word “three” now contained in the said exemption.

Extension of section 10 of the Finance Act, 1901, to import licence fees.

37. —Whenever the importation into Saorstát Eireann of any goods is prohibited by or under an Act of the Oireachtas (whether passed before or after this Act) and provision is made by the same or any other Act for the issue of licences for the importation of such goods notwithstanding such prohibition, section 10 of the Finance Act, 1901, as amended and extended by section 7 of the Finance Act, 1902, and by section 43 of the Finance Act, 1932 (No. 20 of 1932), shall apply and in the case of licences issued under an Act passed before this Act, be deemed always to have applied to any fee which may be chargeable by statute or under statutory authority on the issue of such licences, and to any increase or decrease in the amount of any such fee, and to the repeal of the statute or statutory authority under which any such fee is chargeable, in like manner in all respects and as fully as if such fee were a customs import duty within the meaning of the said section 10.

Care and management of taxes and duties.

38. —All taxes and duties imposed by this Act are hereby placed under the care and management of the Revenue Commissioners.

Short title, construction and commencement.

39. —(1) This Act may be cited as the Finance Act, 1935.

(2) Part I of this Act shall be construed together with the Income Tax Acts, and Part II of this Act, so far as it relates to duties of customs, shall be construed together with the Customs Acts and, so far as it relates to duties of excise, shall be construed together with the British Statutes and Acts of the Oireachtas which relate to the duties of excise and the management of those duties.

(3) Part I of this Act shall be deemed to come into force on and shall take effect as on and from the 6th day of April, 1935.