Urban Renewal Act, 1998

Authorised companies.

5.—(1) Each local authority may appoint a company (including a company established by a local authority) to be an authorised company for the purposes of this Act.

(2) A reference in this Act to an authorised company shall be construed as a reference to the company appointed under subsection (1) by the particular local authority to which any provision of this Act in which that reference occurs falls to be applied.

(3) A reference in Chapter 7 (inserted by the Finance Act, 1998 ) of Part 10 of the Taxes Consolidation Act, 1997 , to a company established by a local authority shall be construed as including a reference to an authorised company.

(4) A local authority may revoke any appointment made by it under subsection (1).