Finance Act 2009

Amendment of section 244A (application of section 244) of Principal Act.

4.— As respects the year of assessment 2009 and subsequent years of assessment, section 244A of the Principal Act is amended by inserting the following after subsection (6)—

“(7) (a) Notwithstanding any other enactment, an officer of the Revenue Commissioners may request a qualifying lender to provide, in such form as the Revenue Commissioners may require, such information in relation to qualifying mortgage loans granted by the qualifying lender—

(i) as will or may assist an officer of the Revenue Commissioners to determine if relief is due under section 244 for a particular year of assessment, and

(ii) as is necessary for the proper administration of this section.

(b) The qualifying lender shall comply with a request under paragraph (a) no later than—

(i) 30 days after receipt of such request, or

(ii) any extension of the period referred to in subparagraph (i) as may be agreed with an officer of the Revenue Commissioners.

(c) Information provided to the Revenue Commissioners under this subsection shall be used by them only for the purposes of section 244 and this section and, notwithstanding section 872, shall be used for no other purpose.”.