Finance Act, 1979

Exemption of certain payments made by Minister for Labour.

27.—The following section shall be substituted for section 25 of the Finance Act, 1976 :

“25.—(1) A payment to which this section applies shall be disregarded for all the purposes of the Tax Acts.

(2) This section applies to any payment made by the Minister for Labour, whether before or after the passing of this Act, to an employer in respect of a person employed by him, being a payment made under—

(a) the Employment Incentive Scheme of the Minister for Labour or

(b) the Employment Maintenance Scheme of the Minister for Labour.”.