Health Services (Financial Provisions) Act, 1947

Cesser of payment of estate duty grant to the Guarantee Fund.

7.—(1) In this section—

the expression “the Act of 1891” means the Purchase of Land (Ireland) Act, 1891 ;

the expression “the Guarantee Fund” means the Fund established by section 5 of the Act of 1891.

(2) The sum payable to the Guarantee Fund under section 19 of the Finance Act, 1894 , as adapted by the Estate Duty Grant Order, 1927 ( S.R. & O. No. 94 of 1927 ), shall, in respect of the year 1948-49 and every subsequent year, cease to be paid to the Guarantee Fund and shall be paid direct to the Local Taxation Account.

(3) In respect of the year 1948-49 and every subsequent year—

(a) subsection (1) of section 5 of the Act of 1891 shall have effect as if subparagraph (i) of paragraph (a) were deleted, and

(b) subsection (2) of the said section 5 shall have effect as if paragraph (a) were deleted.