Finance Act, 1990
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Chapter VII Offshore Funds | ||
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Interpretation (Chapter VII, etc.). |
62.—In this Chapter and the Fifth and Sixth Schedules— | |
“account period” shall be construed in accordance with subsections (8), (9) and (10) of section 66 ; | ||
“disposal” shall be construed in accordance with section 63 (2); | ||
“distributing fund” shall be construed in accordance with subsections (2) and (3) of section 66 ; | ||
“equalisation account” has the meaning assigned to it in section 64 (1); | ||
“Irish equivalent profits” has the meaning it has in paragraph 5 of the Fifth Schedule ; | ||
“material interest” shall be construed in accordance with section 65 (2); | ||
“non-qualifying fund” has the meaning assigned to it by section 66 (1); | ||
“offshore funds” has the meaning assigned to it in section 65 (1); | ||
“offshore income gain” shall be construed in accordance with paragraphs 5 and 6 (1) of the Sixth Schedule ; | ||
“the Principal Act” means the Capital Gains Tax Act, 1975 . |