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33 1949

IRISH NEWS AGENCY ACT, 1949

PART I.

Preliminary.

Short title.

1. —This Act may be cited as the Irish News Agency Act, 1949.

Definitions.

2. —In this Act—

the expression “the Agency” means the Irish News Agency;

the expression “the Companies Acts” means the Companies Acts, 1908 to 1924;

the expression “the Minister” means the Minister for External Affairs.

Expenses.

3. —The expenses incurred by the Minister in the administration of this Act shall, to such extent as may be sanctioned by the Minister for Finance, be paid out of moneys provided by the Oireachtas.

Exemption from stamp duties.

4. —(1) Section 12 of the Finance Act, 1895, shall not operate so as to require the Agency to deliver to the Revenue Commissioners a copy of this Act or to pay any stamp duty under that section on any copy of this Act.

(2) Section 112 of the Stamp Act, 1891, shall not operate so as to require the Agency to deliver to the registrar of companies any statement or to pay any stamp duty under that section in respect of the share capital of the Agency.

(3) No stamp duty shall be payable on any transfer of shares of the Agency.