Finance Act, 1954

Amendment of section 11 of the Finance Act, 1924.

10.—(1) Section 11 of the Finance Act, 1924 (No. 27 of 1924), is hereby amended—

(a) by the substitution in subsection (1) of “£600” for “£300”,

(b) by the substitution in subsection (2) of “£50” for “£25”.

(2) Subsection (1) of this section shall come into operation on the date of the passing of this Act.