Finance Act (Northern Ireland) 1964

1Exemption of service contracts from stamp duty.N.I.

(1)No stamp duty shall be chargeable on, or on any memorandum of, a contract of service in any office or employment or a contract varying or terminating such a contract.

(2)This section shall have effect as from the 6th July 1964, and if before the passing of this Act any duty has been paid which by virtue of this section is not chargeable, the Ministry of Finance (in this Act referred to as “the Ministry” ) shall, on application made to it within two years after the date of the payment, cancel the relevant stamps and repay the duty.