Stamp Duties Consolidation Act 1999 section 108C

Ireland Strategic Investment Fund

Section 108C provides a full exemption from stamp duty on instruments transferring property, assets or documentation to a Fund investment vehicle of the Ireland Strategic Investment Fund.

• A full stamp duty exemption applies under every Heading in Schedule 1.
• The exemption covers sales, transfers, leases and other dispositions of any property, asset or documentation.
• The transferee must be a Fund investment vehicle within the meaning of section 37 of the National Treasury Management Agency (Amendment) Act 2014.
• The Minister for Finance must be the sole beneficial owner of the Fund investment vehicle.