Finance Act, 1994
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Amendment of section 109 (interpretation) of Finance Act, 1993. |
137.—(1) Section 109 of the Finance Act, 1993 , is hereby amended by the insertion of the following definitions after the definition of “the Act of 1965”: | |
“‘agricultural property’ has the same meaning as it has in section 19 (as amended by the Finance Act, 1994) of the Principal Act but excluding farm machinery, livestock and bloodstock; | ||
‘agricultural value’ means the market value of agricultural property reduced by 30 per cent. of that value;”. | ||
(2) This section shall have effect in relation to persons dying after the 17th day of June, 1993. |