Committee on Finance. - Finance Bill, 1972: Money Resolution.Wednesday, 5 July 1972 |
Dáil Eireann Debate
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That for the purpose of any Act of the present session to charge and impose certain duties of customs and inland revenue, to amend the law relating to customs and inland revenue and to make further provision in connection with finance, it is expedient to authorise as follows—
(1) relief by way of repayment or otherwise in respect of income tax (including sur-tax) consequent upon the relief provided for certain payments made on or after the 6th day of April, 1968, under retirement benefits schemes to which section 222, 223 or 229 of the Income Tax Act, 1967 (No. 6 of 1967) relates:
(2) relief by way of repayment or otherwise in respect of income tax (including sur-tax) and corporation profits tax arising under an amendment, in any such Act, of sections 246 and 251 of the Income Tax Act, 1967 (No. 6 of 1967): and
(3) to redeem borrowings and interest thereon, in respect of capital services, there shall be charged annually on the Central Fund or the growing produce thereof a sum of £4,405,171 in the twenty-nine successive financial years and [771] a sum of £4,650,815 in the thirty successive financial years commencing in each case with the financial year ending on the 31st day of March, 1973.
Resolution reported and agreed to.
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