Defines terms: 'assessable amount' equals the total value of relevant deposits held by a relevant person on 31 December in the base year. 'Base year' means 2022 for 2024 and 2025 and 2024 for 2026. 'Deposit' and 'eligible deposit' have the same meanings as in the European Union (Deposit Guarantee Schemes) Regulations 2015 (S.I. No. 516 of 2015). 'Due date', in relation to a year, means 20 October in that year. 'Relevant deposit' is an eligible deposit held by a relevant person. 'Relevant person' means Allied Irish Banks plc; EBS DAC; permanent tsb plc; The Governor and Company of the Bank of Ireland.

Each relevant person shall, for each of the years 2024 to 2026, not later than the due date, deliver to the Commissioners a statement showing the assessable amount. Stamp duty on each statement is 0.112% for 2024 and 2025 and 0.1025% for 2026, payable on delivery. Failure to deliver or to pay on delivery attracts interest on the duty from the due date until payment, calculated in accordance with section 159D. Statements must be in the form and manner specified by the Commissioners and include such particulars as the Commissioners may require. Any duty, interest or penalty under section 134A is not allowable as a deduction for tax or duty under the Commissioners' care and management.