European Stability Mechanism Act 2012
ESM exempt from taxation.
7.— ESM, its assets, gains, income, property, staff and its operations and transactions authorised by the Treaty shall be exempt from taxation to the extent and in the manner provided for by Article 36 of the Treaty.
Modifications (not altering text):
Application of section extended (30.10.2014) by European Stability Mechanism (Amendment) Act 2014 (32/2014), s. 5, commenced on enactment.
Application of sections 5, 6 and 7 of Principal Act
5. Sections 5, 6 and 7 of the Principal Act shall apply to the ESM acting through a subsidiary body or sub-entity referred to in section 3(b) as they apply to the ESM otherwise.