S.I. No. 223/1999 - Finance Act, 1996 (Commencement of Section 75(1)) Order, 1999


I, CHARLIE McCREEVY, Minister for Finance, in exercise of the powers conferred on me by section 75 (2) of the Finance Act, 1996 (No. 9 of 1996), hereby order as follows:

1. This Order may be cited as the Finance Act, 1996 (Commencement of Section 75(1)) Order, 1999.

2. The 25th day of July, 1999, is hereby appointed as the day on which section 75 (1) of the Finance Act, 1996 ) shall come into operation.

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GIVEN under my Official Seal, this 16th day of July, 1999.

CHARLIE McCREEVY,

Minister for Finance.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order appoints the 25th day of July, 1999 as the date for coming into operation of section 75 (1) of the Finance Act, 1996 . As a consequence, bets placed on-course (other than bets placed by means of telecommunications) at a grey-hound meeting in respect of events taking place off-course are to be relieved of off-course excise duty as and from that date.