Finance Act, 1996
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Amendment of section 145 (insurance against expenses of illness) of Income Tax Act, 1967. |
7.—(1) Section 145 of the Income Tax Act, 1967 , is hereby amended by the substitution of the following subsection for subsection (1): | |
“(1) In this section ‘authorised insurer’ means any undertaking entered in the Register of Health Benefits Undertakings established under section 14 of the Health Insurance Act, 1994 , lawfully carrying on such business of insurance as is referred to in subsection (2): | ||
Provided that, in relation to an individual, it also means any undertaking authorised pursuant to Council Directive No. 73/239/EEC of 24 July 1973(1) , Council Directive No. 88/357/EEC of 22 June 1988(2) , and Council Directive No. 92/49/EEC of 18 June 1992(3) , where such a contract for insurance as is referred to in subsection (2) was effected with the individual when the individual was not resident in the State but was resident in another Member State of the European Union.”. | ||
(2) This section shall apply and have effect, and shall be deemed always to have applied and had effect, as on and from the 1st day of July, 1994. | ||
O.J. No. L228 of 16.8.1973, p.3. |