Finance Act, 1996

Taxation treatment of unemployment benefit in certain cases.

4.—(1) In this section “short-time employment” has the same meaning as it has for the purposes of the Social Welfare Acts but also includes such an employment as is referred to in section 79 (2) (b) of the Social Welfare (Consolidation) Act, 1993 .

(2) Notwithstanding the provisions of section 15 (as amended by the Finance Act, 1995 ) of the Finance Act, 1992 , and the Finance Act, 1992 (Commencement of Section 15) (Unemployment Benefit and Pay-Related Benefit) Order, 1994 ( S.I. No. 19 of 1994 ), the said section 15 shall not apply, as respects the year of assessment 1996-97, in relation to unemployment benefit paid or payable to a person employed in short-time employment.