Finance Act, 1977
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Amendment of section 8 (suspension of shipping investment allowance) of Finance Act, 1973. |
38.— Section 8 (1) of the Finance Act, 1973 , is hereby amended by the substitution of “the 1st day of April, 1979” for “the 1st day of April, 1977” (inserted by the Finance Act, 1975 ), and the said section 8 (1), as so amended, is set out in the Table to this section. | |
TABLE | ||
8.—(1) Section 246 of the Income Tax Act, 1967 , shall not apply to any expenditure incurred on or after the 24th day of July, 1973, and before the 1st day of April, 1979, on the purchase of a new ship. |