Stamp Duties Consolidation Act 1999 section 108

National Treasury Management Agency, etc

Section 108 provided an exemption from stamp duty for instruments executed by the National Treasury Management Agency or by the Minister in relation to functions capable of being delegated to that Agency.

• Instruments executed by or on behalf of the National Treasury Management Agency were exempt from stamp duty.
• Instruments executed by the Minister in relation to functions capable of being delegated to the Agency under section 5 of the National Treasury Management Agency Act 1990 were also exempt.
• The exemption extended to any disposition of such an instrument and to any right or interest created by it.
• The section was repealed by the National Treasury Management Agency (Amendment) Act 2014 and deleted by Finance Act 2014, with the substance of the relief now reflected in section 1 of the Stamp Duties Consolidation Act 1999.