Finance Act, 1988
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Pension funds: extension of tax exemptions to dealings in financial futures and traded options. |
30.—(1) In this section— | |
“financial futures” and “traded options” mean, respectively, financial futures and traded options which are for the time being dealt in or quoted on a futures exchange or a stock exchange in the State. | ||
(2) For the purposes of— | ||
(a) section 16 (2) of the Finance Act, 1972 , | ||
(b) section 21 (1) of the Capital Gains Tax Act, 1975 , and | ||
(c) section 41 (1) of the Corporation Tax Act, 1976 , | ||
a contract entered into in the course of dealing in financial futures or traded options shall be regarded as an investment. |