Finance Act 2014

Amendment of section 206 of Principal Act (income from investments)

21. Section 206 of the Principal Act is amended—

(a) by renumbering the existing provision as subsection (1), and

(b) by inserting the following after subsection (1):

“(2) The Minister for Social Protection shall be entitled to exemption from tax in respect of the income derived from accounts held under section 9 of the Social Welfare Consolidation Act 2005 .”.