Stamp Duties Consolidation Act 1999 section 146

Power to grant licences to deal in stamps

Section 146 enables the Revenue Commissioners to license persons to sell stamps and sets out the conditions attaching to such a licence.

• Revenue may, at its discretion, grant a licence to any person to deal in stamps at the place named in the licence.
• The licensee must provide security of €1,265 in a form prescribed by Revenue; if given by bond, the bond is exempt from stamp duty.
• Only one licence and one bond is required for a partnership, regardless of the number of partners, and Revenue may revoke the licence at any time.
• The licensee must display a clearly visible sign with their full name and the words "Licensed to sell stamps" outside the premises, in letters not less than one inch high, on pain of a €1,265 penalty.