Finance Act, 1988
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Construction of certain Acts in accordance with Status of Children Act, 1987. |
74.—(1) In this section “the Acts” means— | |
(i) the Tax Acts, | ||
(ii) the Capital Gains Tax Acts, | ||
(iii) the Capital Acquisitions Tax Act, 1976 , and the enactments amending or extending that Act, and | ||
(iv) the statutes relating to stamp duty, | ||
and any instruments made thereunder. | ||
(2) Notwithstanding any provision of the Acts or the dates on which they were passed, in deducing any relationship between persons for the purposes of the Acts, the Acts shall be construed in accordance with section 3 of the Status of Children Act, 1987 . | ||
(3) This section shall have effect— | ||
(i) in relation to the Tax Acts, as respects the year 1987-88 and subsequent years of assessment or accounting periods ending on or after the 14th day of January, 1988, as the case may be, | ||
(ii) in relation to the Capital Gains Tax Acts, as respects disposals made on or after the 14th day of January, 1988, | ||
(iii) in relation to the Capital Acquisitions Tax Act, 1976 , as respects gifts and inheritances taken on or after the 14th day of January, 1988, and | ||
(iv) in relation to the statutes relating to stamp duties, as respects any instrument executed on or after the 14th day of January, 1988. |