S.I. No. 332/1974 - Exchequer and Local Financial Years Act, 1974, (Adaptation of the Rates on Agricultural Land (Relief) Acts) Order, 1974.

S.I. No. 332 of 1974.

EXCHEQUER AND LOCAL FINANCIAL YEARS ACT, 1974, (ADAPTATION OF THE RATES ON AGRICULTURAL LAND (RELIEF) ACTS) ORDER, 1974.

The Minister for Local Government, in exercise of the powers conferred on him by section 5 of the Exchequer and Local Financial Years Act, 1974 (No. 3 of 1974), with the consent of the Minister for Finance, hereby orders as follows :

1. This Order may be cited as the Exchequer and Local Financial Years Act, 1974 (Adaptation of the Rates on Agricultural Land (Relief) Acts) Order, 1974.

2. Section 8 (1) of the Rates on Agricultural Land (Relief) Act, 1939 (No. 23 of 1939), is hereby amended by the substitution of "31st day of October" for "31st day of December".

GIVEN under the Official Seal of the Minister for Local Government this 18th day

of November, 1974.

JAMES TULLY,

Minister for Local Government.

The Minister for Finance hereby consents to the making of the above Order.

Dated this 18th day of November, 1974.

RICHIE RYAN,

Minister for Finance.

EXPLANATORY NOTE.

Under the Rates on Agricultural Land (Relief) Acts, 1939 to 1972, an allowance (called the employment allowance) of £17 rates is made in respect of each adult workman employed at work on each tenement of agricultural land over a prescribed "qualifying period". Section 8 (1) of the Rates on Agricultural Land (Relief) Act, 1939 , defines the expression "the qualifying period" as "the period of twelve months ending on 31st day of December next preceding the commencement of the financial year in relation to which the expression is used". Because of the change of the local financial year, it is necessary to advance the qualifying period for the employment allowance. This Order changes the qualifying period from the twelve month period ending on 31st December to that ending on 31st October.