Finance Act 2014

Amendment of section 244 of Principal Act (relief for interest paid on certain home loans)

7. Section 244 of the Principal Act is amended in subsection (1) —

(a) in the definition of “qualifying residence” by substituting “situated in an EEA state” for “situated in the State, Northern Ireland or Great Britain,”, and

(b) by inserting the following definitions:

“‘EEA Agreement’ means the Agreement on the European Economic Area signed at Oporto on 2 May 1992, as adjusted by all subsequent amendments to that Agreement;

‘EEA state’ means a state (including the State) which is a contracting party to the EEA Agreement;”.