Finance Act, 1990

Amendment of section 129 (groups of companies: definitions) of Corporation Tax Act, 1976 .

58.— Section 129 of the Corporation Tax Act, 1976 , is hereby amended in subsection (2) by the substitution of the following paragraphs for paragraph (c):

“(c) a registered industrial and provident society within the meaning of section 218 of the Income Tax Act, 1967 , and

(d) a building society incorporated or deemed by virtue of section 124 (2) of the Building Societies Act, 1989 , to be incorporated under that Act.”,

and the said subsection (2), as so amended, is set out in the Table to this section.

TABLE

(2) For the purposes referred to in subsection (1) references to a company apply only to—

(a) a company within the meaning of the Companies Act, 1963 , and

(b) a company which is constituted under any other Act or a charter or letters patent or (although resident in the State) is formed under the law of a country or territory outside the State, and

(c) a registered industrial and provident society within the meaning of section 218 of the Income Tax Act, 1967 , and

(d) a building society incorporated or deemed by virtue of section 124 (2) of the Building Societies Act, 1989 , to be incorporated under that Act.