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The Great Book of Ireland Trust.
[FA91 s13]
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210.—(1) In this section, “the Trust” means “The Great Book of Ireland Trust” established by trust deed dated the 12th day of December, 1990, for the purposes of—
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(a) making and carrying to completion and selling a unique manuscript volume (in this section referred to as “The Great Book of Ireland”), and
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(b) using the proceeds of the sale of The Great Book of Ireland for the benefit of—
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(i) a company incorporated on the 5th day of August, 1986, as Clashganna Mills Trust Limited, and
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(ii) a company incorporated on the 1st day of March, 1991, as Poetry Ireland Limited.
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(2) Notwithstanding any provision of the Income Tax Acts—
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(a) income arising to the trustees of the Trust in respect of the sale by it of The Great Book of Ireland, and
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(b) payments made to the companies referred to in subsection (1)(b) under the Trust by the trustees of the Trust,
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shall be disregarded for the purposes of those Acts.
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