Finance Act, 1923

Adaptation of enactments relating to bonds.

18.—(1) Every provision in any Act to which this section applies requiring a bond to be entered into shall be sufficiently complied with by entering into a bond with the Revenue Commissioners, and every mention or reference contained in any Act to which this section applies of or to a bond entered into, under or in pursuance of any such Act shall be construed and take effect as including a mention of or reference to a like bond entered into with the Revenue Commissioners.

(2) Every bond which has heretofore or shall hereafter be entered into under or in pursuance of any Act to which this section applies may be enforced by any proceedings or other means by or at the suit of the Revenue Commissioners of a like nature to the proceedings or other means by which a similar bond could have been enforced previous to the 6th day of December, 1922.

(3) This section shall apply to every Act of the Parliament of the late United Kingdom of Great Britain and Ireland which was on the 31st day of March, 1923, in force in Saorstát Eireann and which related to any of the taxes and duties mentioned in this Act or in the Schedule hereto or to the management of any of such taxes and duties.