Electricity (Supply) (Amendment) Act, 2001
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Amendment of Schedule 12 to Taxes Consolidation Act, 1997. |
8.—Schedule 12 to the Taxes Consolidation Act, 1997 , is amended by the substitution for paragraph 11(3)(c) of the following: | |
“(c) (i) in a case where the founding company is the Electricity Supply Board and as respects securities acquired by the trustees of the trust on or before 31 December 2001, the person was an employee or a director, as the case may be, of a company within the founding company's group on 1 January 1998, and | ||
(ii) in any other case, at the relevant time a period of not more than 18 months has elapsed since the person so ceased or the company so ceased, as the case may be.”. |