I move:
(1) That a contract made on or after the 1st day of August, 1969, for the erection, alteration or enlargement of a building for use wholly or mainly as offices shall be chargeable with a stamp duty at the rate of ten per cent of the amount or value of the consideration for the erection, alteration or enlargement, including any increase in such amount or value.
(2) That paragraph (1) of this Resolution shall not apply—
(a) in any case where the amount or value of the consideration aforesaid, including any increase in such amount or value, does not exceed £50,000;
(b) in any case where the contract relates to the erection, alteration or enlargement of a building by a Minister of State, the Commissioners of Public Works in Ireland or a local authority;
(c) in any case where the contract relates to the erection, alteration or enlargement of a building in an area to which at the date of the making of the contract the Undeveloped Areas Acts, 1952 to 1966, apply.
(3) That if, at the expiration of ninety days after the making of a contract to which paragraph (1) of this Resolution applies, the contract is not duly stamped, a sum equal to twice the amount of the duty unpaid shall thereupon be a debt due to the Minister for Finance for the benefit of the Central Fund by the person carrying out the erection, alteration or enlargement to which the contract relates, and shall be payable to the Revenue Commissioners, and the said sum shall be recoverable at the suit of the Attorney General in any court of competent jurisdiction.
