Finance Act, 1990

Exemption of local authorities, etc., from certain tax provisions.

13.—(1) Notwithstanding any provision of the Income Tax Acts, other than the provisions of Chapter IV of Part I of the Finance Act, 1986 , income arising to a body to which this section applies shall be exempt from income tax.

(2) This section shall have effect as respects the year 1973-74 and subsequent years of assessment.

(3) This section shall apply to each of the following bodies, that is to say:

(a) a local authority;

(b) a health board;

(c) a vocational education committee established under the Vocational Education Acts, 1930 to 1970;

(d) a committee of agriculture established under the Agriculture Acts, 1931 to 1980.

(4) In this section “local authority” has the meaning assigned to it by section 2 (2) of the Local Government Act, 1941 , and includes a body established under the Local Government Services (Corporate Bodies) Act, 1971 .