Finance Act, 1976
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Amendment of section 54 (meaning of “goods”) of Corporation Tax Act, 1976. |
27.— Section 54 of the Corporation Tax Act, 1976 , is hereby amended by the addition of the following subsection: | |
“(4) (a) ‘Goods’ in this section shall not include goods sold to the agency whether or not the goods are exported out of the State. | ||
(b) ‘The agency’ in paragraph (a) means the Minister for Agriculture and Fisheries when exercising or performing any power or function conferred on him by Regulation 3 of the European Communities (Common Agricultural Policy) (Market Intervention) Regulations, 1973 , and any other person when exercising or performing any corresponding power or function in any member state of the European Economic Community.”. |