Stamp Duties Consolidation Act 1999 section 78A

Interpretation (Chapter 2)

Section 78A sets out the definitions used throughout Chapter 2, which governs the stamp duty treatment of interests in securities that are transferred electronically through a central securities depository.

• Chapter 2 deals with the electronic transfer of interests in Irish securities held in or through a central securities depository (CSD).
• It defines the key terms used in the Chapter, most of which are taken or adapted from the EU Central Securities Depository Regulation (Regulation 909/2014).
• A reference to a CSD includes a third country CSD, meaning a depository located outside the European Union.
• The Chapter applies only to electronic transfers and not to written instruments such as stock transfer forms.