LegalizeS.I. No. 124/1988 - Finance Act 1987 (Designation of Urban Renewal Areas) Order, 1988
This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.
1 amending act · 1993-08-30, S.I. No. 244/1993 - Finance Act, 1987 (Designation of Urban Renewal Areas) Order, 1993
S.I. No. 124 of 1988.
FINANCE ACT 1987 (DESIGNATION OF URBAN RENEWAL AREAS) ORDER, 1988.
I, RAY MACSHARRY, Minister for Finance, in exercise of the powers vested in me by section 27 of the Finance Act, 1987 (No. 10 of 1987), after consultation with the Minister for the Environment, hereby order as follows:
1.
This Order may be cited as the Finance Act, 1987 (Designation of Urban Renewal Areas) Order, 1988.
2.
The definition of "designated area" contained in section 41 of the Finance Act, 1986 (No. 13 of 1986), shall include each of the areas described in Part II of the Schedule to the Urban Renewal Act, 1986 (Designated Areas) Order, 1988 ( S.I. No. 92 of 1988 ).
3.
The definition of "qualifying period" contained in sections 42 , 44 and 45 of the Finance Act, 1986 , shall, in relation to each of the designated areas specified in the said Part II, be construed as a reference to the period commencing on the 9th day of July, 1987 and ending on the 31st day of May, 1991.
GIVEN under my Official Seal, this 14th day of June, 1988.
RAY MACSHARRY,
Minister for Finance.
EXPLANATORY NOTE
This Order declares certain urban areas to be designated areas for the purposes of the incentive tax reliefs for urban renewal provided for in the Finance Act 1986 , comprising of capital allowances for commercial buildings, owner-occupier allowance and double rent allowance. The Order also prescribes, in relation to such areas, the period for the availability of these incentives.
This document does not substitute the official text published in the Irish Statute Book. We accept no responsibility for any inaccuracies arising from the transcription of the original into this format.
This text is published under Irish Statute Book's own terms of reuse, not a Legalize or public-domain licence.
Irish Statute Book
CC-BY 4.0 (Oireachtas Open Data PSI Licence)
Contains Irish Public Sector Information licensed under the Oireachtas (Houses of the Oireachtas) Open Data PSI Licence / Creative Commons Attribution 4.0 International, sourced from https://www.irishstatutebook.ie.