Finance Act 2014

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Amendment of section 960S of Principal Act (security for certain taxes)

93. Section 960S of the Principal Act is amended—

(a) in subsection (1) by deleting the definitions of “business”, “connected person” and “management of the business”,

(b) by substituting the following for subsection (2):

“(2) The Revenue Commissioners may, where it appears requisite to them to do so for the protection of the revenue, require a person carrying on a business, to give security, or further security, of such amount and in such manner and form as they may determine, for the payment of any tax which is, or may become, due from that person from the date of service on that person of a notice in writing to that effect.”,

and

(c) in subsections (3) and (4) by substituting “Revenue Commissioners” for “Collector-General” in each place.