Finance Act, 1982
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Amendment of section 486 (power of Collector and authorised officers to sue) of Income Tax Act, 1967. |
11.— Section 486 of the Income Tax Act, 1967 , is hereby amended, with effect as on and from the date of the passing of this Act— | |
(a) by the substitution in subsection (1) of “£15,000” for “£2,000” (inserted by the Finance Act, 1972 ), and | ||
(b) by the substitution in subsection (2) of “£2,500” for “£250” (inserted by the Finance Act, 1972 ), | ||
and the said subsections (1) and (2), as so amended, are set out in the Table to this section. | ||
TABLE | ||
(1) Where the amount due (whether before or after the passing of this Act) in respect of income tax does not exceed £15,000, the Collector or other officer of the Revenue Commissioners, duly authorised to collect the said tax may sue in his own name in the Circuit Court for the said amount so due as a debt due to the Minister for Finance. | ||
(2) Where the amount so due does not exceed £2,500, the Collector or other officer of the Revenue Commissioners duly authorised to collect the said tax may sue in his own name in the District Court for the said amount so due as a debt due to the Minister for Finance. |