(1) Schedule 1 to the Principal Act is amended -
(a) under the Heading "Conveyance or Transfer on sale of any property other than stocks or marketable securities or a policy of insurance or a policy of life insurance" -
(i) in paragraph (1) by substituting -
"exceeds €127,000:
for the consideration which is attributable to
residential property.........Exempt."
for
"exceeds €127,000....................9 per cent of the consideration which is attributable to residential property but where the calculation results in an amount which is not a multiple of €1 the amount so calculated shall be rounded down to the nearest €.",
(ii) in paragraph (2) by substituting "3 per cent" for "9 per cent",
(iii) in paragraph (3) by substituting "4 per cent" for "9 per cent",
(iv) in paragraph (4) by substituting "5 per cent" for "9 per cent",
(v) in paragraph (5) by substituting "6 per cent" for "9 per cent", and
(vi) in paragraph (6) by substituting "7.5 per cent" for "9 per cent",
(b) under the H
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