Finance Act, 1931

Application of section 10 of the Finance Act, 1901.

15.—(1) Section 10 of the Finance Act, 1901 , as amended by section 7 of the Finance Act, 1902 , shall apply to every contract which is deemed under section 5 of the Local Authorities (Combined Purchasing) Act, 1925 (No. 20 of 1925), to have been entered into between an official contractor and a local authority to supply and take a commodity as if such contract was made on the date on which such official contractor applied under sub-section (2) of section 3 of the last mentioned Act to be appointed official contractor for the supply of such commodity.

(2) This section shall be deemed to have come into force on and had effect as on and from the 7th day of May, 1931.