National Oil Reserves Agency Act 2007


Transfer costs and stamp duty.

6.— (1) Amounts (if any) paid by the Minister in respect of a transfer directed under section 4 shall be repaid to the Central Fund out of monies provided by the Oireachtas.

(2) Stamp duty is not chargeable on an instrument under which the share owned by the Irish National Petroleum Corporation Limited in the National Oil Reserves Agency Limited is transferred to the Minister.