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	Statutes of Northern Ireland
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FINANCE ACT (NORTHERN IRELAND) 1952

FINANCE ACT (NORTHERN IRELAND) 1952 - LONG TITLE

An Act to amend the law relating to certain existing duties; to
impose a duty of excise on football betting; and to make further
provision with regard to certain duties, funds and contributions and
otherwise in connection with finance.
[1st July 1952]
Part I (ss.13)Estate Duty

Increase of stamp duties on bank notes.

FINANCE ACT (NORTHERN IRELAND) 1952 - SECT 4

4. The stamp duties chargeable under the heading "Bank Note" in the
First Schedule to the Stamp Act, 1891, shall, as from the first
day of July, nineteen hundred and fifty-two, be treble the duties
chargeable immediately before that day.

FINANCE ACT (NORTHERN IRELAND) 1952 - SECT 5
Composition for certain stamp duties payable by bankers.

5.(1) The Ministry of Finance may accept from any banker a
composition at the rate mentioned in the next succeeding sub-section
in lieu of any stamp duties from time to time payable on bank
notes issued or bills of exchange or promissory notes made or drawn
by that banker.

(2) The composition payable under this section shall be at the rate
of [50p] for every one hundred pounds, and also for the fractional
part of one hundred pounds, of the average amount or value of such
bills and notes as are certified, in such manner as the Ministry
of Finance may direct, to have been in circulation during each half
year commencing with the first day of July, nineteen hundred and
fifty-two.

(3) Where the Ministry of Finance has accepted or agreed to accept
such composition from any banker, that banker may notwithstanding
anything to the contrary contained in any enactment make, draw and
issue the notes and bills for which the composition has been or is
to be made, on unstamped paper.

(4) The composition shall be made on such terms and conditions,
including conditions as to security for the due payment thereof and
for the keeping, producing and rendering of accounts, as the
Ministry of Finance may direct.

Subs.(5)(6) rep. by SLR 1973

S.6 rep. by SLR 1973. S.7 rep. by 1956 c.11 (NI) s.9(1) sch.
Pt.I. S.8 rep. by 1958 c.14 (NI) s.14(2) sch.2 Pt.II; 1963 c.22
(NI) s.21 sch.3 Pt.II

Part III (s.9), Part IV (ss.1013) and Part V (ss.14,15) rep. by
1953 c.24 (NI) s.80 sch.4

Part VI (ss.16,17) rep. by 1954 c.17 (NI) s.28(1) sch.7

Part VIIS.18 substitutes s.31 of 1950 c.3 (NI). S.19 rep. by 1955
c.6 (NI) s.21 sch. S.20(1)(2) repeal s.3 of 1934 c.13 (NI);
subs.(3) rep. by SLR 1973; subs.(4) repeals s.5 of 1950 c.16 (NI)

S.21(1), with Fourth Schedule, effects repeals; subs.(2) rep. by SLR
1973

FINANCE ACT (NORTHERN IRELAND) 1952 - SECT 22
Short title and construction.

22.(1) This Act may be cited as the Finance Act (Northern Ireland),
1952.

Subs.(2)Estate Duty

(3) Part II of this Act shall be construed as one with the Stamp
Act, 1891.

Subs.(4)(5) rep. by SLR 1973; subs.(6)(7) rep. by 1954 c.33 (NI)
s.48(1) sch.

First and Second SchedulesEstate Duty. Third Schedule rep. by 1953
c.24 (NI) s.80 sch.4. Fourth ScheduleRepeals.