S.I. No. 399/2006 - Finance Act 2005 (Commencement of Section 32) Order 2006

S.I. No. 399 of 2006

Order

entitled

Finance Act 2005 (Commencement of Section 32) Order 2006

Made by the Minister for Finance

I, Brian Cowen, Minister for Finance, in exercise of the powers conferred on me by section 32(2) of the Finance Act 2005 (No. 5 of 2005), hereby order as follows:

1.       This Order may be cited as the Finance Act 2005 (Commencement of Section 32) Order 2006.

2.       The day of the making of this Order is appointed as the day section 32 of the Finance Act 2005 (No. 5 of 2005) comes into operation.

Explanatory Note

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order appoints 27 July 2006 as the date for the coming into operation of section 32 of the Finance Act 2005 . That section provides for an extension from 1 January 2005 until 31 December 2006 of the 100 per cent scheme of stock relief for certain young trained farmers.