The Gazette 1992

GAZETTE

JUNE 1992

Amnesty in the case of additional duty Where duty is paid on a document and subsequently it is found that further duty is payable the amnesty will apply only if this additional duty is paid by 1 July, 1992 (in the case of full waiver) and by 1 October, 1992 (in the case of partial wavier). This situation is most likely to arise in the case of stamp duty on gifts where duty is paid on the basis of a valuation of property. If the valuation is not agreed additional duty will be payable. demonstrate how penalties for late payment of duty can now be very substantial. Many taxpayers availed of the delay of 5 months in 1991 between the passing into law of the penalty provisions and their coming into force. The amnesty will give any remaining taxpayers, with a long-outstanding stamp duty liability, a once-off opportunity to settle it without payment of penalties. A statement of practice and further information on the amnesty is available from Capital Taxes Branch, Dublin Castle, (01) 6792777 or Government Buildings, Cork (021) 968783. • Conclusion The figures in the example

Conveyanc i ng Commi t t ee

A cross section of the Conveyancing Committee in session. L-R: Kieran Murphy, Patrick Fagan, Maeve Hayes, John Buckley, Owen Binchy (Chairman), Linda Kirwan (Committee Secretary); Not shown in the photograph: Eric Brunker, Vivienne Bradley, Eugene Cush, Richard Joyce, Colm Price (Vice-Chairman), BrendanMcDonnell, Rory O'Donnell and Robert Potter-Cogan.

Our function is to deal with your conveyancing problems. The combined wisdom of the Conveyancing Committee is at the disposal of practitioners where they are in difficulty either in relation to conveyancing law or practice. Practitioners can write to the Committee for advice. Within reason members of the Committee deal with practitioners on a one to one basis giving them help and advice when they are in difficulty. On your behalf we negotiate with such bodies as the Land Registry. The Architects Institute, The Department of the Environment, The Auctioneer's Associations, the

Construction Industry Federation, The Department of Justice, Planning Authorities and other bodies. As well as this we issue Practice Notes in the Gazette on various conveyancing matters which the Committee feels should be brought to the attention of practitioners. The Standard Law Society Contract and their Requisitions always remain on the agenda. They are updated on a regular basis by a Sub-Committee. We meet once a month 6.15 p.m. in the Council Chamber, in Blackhall Place. Owen Binchy Chairman •

Doy le Court Repo r t e rs Principal: Áine O'Farrell Court and Conference Verbatim Reporting Specialists in Overnight Transcription 2, Arran Quay, Dublin 7. Tel: 722833 or 862097 (After Hours) Fax: 724486 < E%ceClence in ^porting since 1954

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