S.I. No. 455/2014 - Taxes Consolidation Act 1997 (Section 667C) (Commencement) Order 2014.
Notice of the making of this Statutory Instrument was published in | ||
“Iris Oifigiúil” of 14th October, 2014. | ||
I, MICHAEL NOONAN, Minister for Finance, in exercise of the powers conferred on me by subsection (5) of section 667C (inserted by the Finance Act 2012 (No. 9 of 2012)) of the Taxes Consolidation Act 1997 (No. 39 of 1997) hereby order as follows: | ||
1. This Order may be cited as the Taxes Consolidation Act 1997 (Section 667C) (Commencement) Order 2014. | ||
2. The 1st day of January 2012 is appointed as the day on which section 667C (inserted by the Finance Act 2012 (No. 9 of 2012)) of the Taxes Consolidation Act 1997 (No. 39 of 1997) comes into operation. | ||
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GIVEN under my Official Seal, | ||
7 October 2014. | ||
MICHAEL NOONAN, | ||
Minister for Finance. | ||
EXPLANATORY NOTE | ||
(This note is not part of the Instrument and does not purport to be a legal interpretation.) | ||
This Order commences Section (d) of section 20 of the Finance Act 2012 and thereby provides for the 50% rate of stock relief for farmers in registered farm partnerships provided for under section 667C of the Taxes Consolidation Act 1997 . |