Section 129 Penalty for enrolling, etc, instrument not duly stamped, etc

subscription or 30 day access with no obligation

(1) If any person whose office it is to enrol, register, or enter in or on any rolls, books, or records any instrument chargeable with duty, enrols, registers, or enters any such instrument not being duly stamped, such person shall incur a penalty of [€630]¹.

Amendments

1 Substituted by Finance Act 2001 section 240(2) and Schedule 5 in relation to instruments executed on or after 1 January 2002.

If I am a record-keeping officer, in what circumstances am I personally exposed to penalty?

(1) A penalty of €630 applies to you as a record-keeping officer who enrols, registers, or enters an instrument that has not been duly stamped.

(2) A bill of sale which is chargeable to stamp duty shall not be registered under any Act for the time being in force relating to the registration of bills of sale unless the original, duly stamped, is produced to the proper officer.

What restriction applies in respect of the registration of a bill of sale if it is not properly stamped?

(2) A bill of sale may not be registered under any Act relating to registration of bills of sale, unless the original bill of sale has been presented duly stamped to the proper officer.