Finance Act, 1994

Amendment of section 105 (interest on tax) of Act of 1983.

122.—Section 105 of the Act of 1983 is hereby amended by the insertion after subsection (1) of the following subsection:

“(1A) Notwithstanding the provisions of subsection (1), interest shall not be chargeable where tax is paid in accordance with the provisions of section 104 (1A) (a) and such regulations as the Commissioners may make under section 115 (1A).”.