Finance Act, 2000

Amendment of section 6A (special scheme for investment gold) of Principal Act.

109.—Section 6A (inserted by the Act of 1999) of the Principal Act is amended—

(a) by the substitution in paragraph (a) of subsection (2) of “investment gold, including investment gold which is represented by securities” for “investment gold which is represented by securities”,


(b) by the insertion of the following subsection after subsection (8):

“(9) Every trader in investment gold shall establish the identity of any person to whom such trader supplies investment gold when the total consideration which such trader is entitled to receive in respect of such supply, or a series of such supplies which are or appear to be linked, amounts to at least 15,000 euros, and such trader shall retain a copy of all documents used to identify the person to whom the investment gold is supplied as if they were records to be kept in accordance with section 16(1A) of this Act.”.