Finance Act, 1978
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Amendment of section 8 (suspension of shipping investment allowance) of Finance Act, 1973. |
23.— Section 8 (1) (as amended by the Finance Act, 1977 ) of the Finance Act, 1973 , is hereby amended by the deletion of “and before the 1st day of April, 1979,” 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, on the purchase of a new ship. |