Finance Act, 1992
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Amendment of section 14 (accountable persons) of Finance Act, 1987. |
11.—(1) Section 14 of the Finance Act, 1987 , is hereby amended by the substitution of the following subsections for subsections (1) and (2): | |
“(1) In this Chapter ‘accountable person’ means a person specified in the Second Schedule to the Finance Act, 1992. | ||
(1A) Where any of the persons specified in the Second Schedule to the Finance Act, 1992, is a body corporate, ‘accountable person’ shall be deemed to include any subsidiary of that body corporate where such subsidiary is resident in the State and, for the purposes of this subsection, ‘subsidiary’ shall have the meaning assigned to it by section 155 of the Companies Act, 1963 . | ||
(2) For the purposes of this Chapter the Minister for Finance may by Regulations extend or restrict the meaning of accountable person by adding or deleting one or more persons to or from, as the case may be, the list of persons specified in the Second Schedule to the Finance Act, 1992.”. | ||
(2) This section shall apply and have effect from the 6th day of June, 1992. |