asked the Minister for Finance if he will remove stamp duty in cases where property is being conveyed to a community or youth group, in view of the burden this has placed on community organisations; and if he will make a statement on the matter.
Written Answers. - Removal of Stamp Duty.
404.
Section 50 of the Finance Act, 1979, exempts from stamp duty a transfer or lease of land (including buildings) made for charitable purposes in the State to a body of persons established for charitable purposes only or to the trustees of a trust so established. This exemption is available to youth and community groups which are established for charitable purposes only and there appears to be no justification for its extension to any such groups whose objects are other than charitable.