Finance Act, 1970

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Amendment of section 11 of Finance Act, 1967, and section 4 of Finance Act, 1969.

4.—(1) Section 11 (1) of the Finance Act, 1967 , is hereby amended—

(a) by the substitution of “any designated area” for “any undeveloped area”, and

(b) by the deletion of the definition of “undeveloped area”, and the insertion of the following definition:

“‘designated area’ has the same meaning as in the Industrial Development Act, 1969 .”.

(2) Section 4 (1) of the Finance Act, 1969 , is hereby amended—

(a) by the substitution of “a designated area” for “an undeveloped area”, and

(b) by the deletion of the definition of “undeveloped area” and the insertion of the following definition:

“‘designated area’ has the same meaning as in the Industrial Development Act, 1969 .”.

(3) This section shall have, and be deemed to have had, effect as on and from the 1st day of April, 1970.