Finance Act, 1998
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Amendment of section 843 (capital allowances for buildings used for third level educational purposes) of Principal Act. |
44.— Section 843 of the Principal Act is hereby amended in subsection (1)— | |
(a) by the substitution of the following definition for the definition of “approved institution”: | ||
“‘approved institution’ means— | ||
(a) an institution of higher education within the meaning of section 1 of the Higher Education Authority Act, 1971 , or | ||
(b) an institution in the State in receipt of public funding which provides courses to which a scheme approved by the Minister for Education and Science under the Local Authorities (Higher Education Grants) Acts, 1968 to 1992, applies;”, | ||
and | ||
(b) by the substitution, in the definition of “qualifying premises”, of the following subparagraph for subparagraph (ii) of paragraph (b): | ||
“(ii) is let to an approved institution,”. |