Stamp Duties Consolidation Act 1999 section 22

Bills and notes purporting to be drawn outside the State

Section 22 dealt with the stamp duty treatment of bills of exchange and promissory notes that purported to have been drawn or made outside the State. This section was deleted by the Finance Act 2007 for bills or notes drawn or made on or after 2 April 2007.

• Section 22 addressed bills and notes that appeared to originate outside the State but were in fact connected with Ireland
• The provision was intended to prevent avoidance of stamp duty by making instruments appear to be foreign in origin
• The section was deleted by section 101(1)(d) of the Finance Act 2007
• The deletion applied to bills or notes drawn or made on or after 2 April 2007