67Nomineeing transactions—unquoted marketable securities

67 Nomineeing transactions—unquoted marketable securities No duty is chargeable under this Chapter in respect of a transfer of marketable securities between any of the following persons— (a) the beneficial owner; (b) a trustee or nominee of the beneficial owner; (c) a custodian of a trustee or nominee of the beneficial owner; (d) a sub-custodian of a custodian of a trustee or nominee of the beneficial owner— but only if— (e) there is no change in the beneficial ownership of the marketable securities; and (f) if the transferee is a person referred to in paragraph (b), (c) or (d)—the transferee is to hold the marketable securities solely for another person referred to in paragraph (a), (b) or (c) and there is no contemplation of the marketable securities being held for any other person; and (g) if the transferor is a person referred to in paragraph (b), (c) or (d)—the marketable securities were held by the person solely for another person referred to in paragraph (a), (b) or (c) and, since the time when the marketable securities were first transferred or issued to the transferor, no person has held the marketable securities other than solely for a person referred to in paragraph (a), (b) or (c). S. 68 amended by No. 44/2001 s. 3(Sch. item 32.4).