Finance Act, 2001

Amendment of section 274 (balancing allowances and balancing charges) of Principal Act.

54.—Section 274(3) of the Principal Act is amended by the substitution for “or that consideration.” of the following:

“or that consideration; but this subsection shall not apply in the case of consideration of the type referred to in subsection (1)(a)(iv) which is received on or after 5 March 2001.”.