Turf Development Act, 1998
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Application of certain provisions of Tax Acts. |
60.—(1) The Board and the Company shall be deemed, for the purposes of section 312 of the Taxes Consolidation Act, 1997 , to be under the control of the same person. | |
(2) The trade carried on by the Board before the vesting day and the trade carried on by the Company or a subsidiary on or after that day shall be deemed for the purposes of section 400 of the Taxes Consolidation Act, 1997 , to have belonged and to belong to the Minister for Finance and the Minister for Finance shall be deemed for those purposes to be a body corporate. | ||
(3) The Board, the Company and the subsidiaries shall be deemed, for the purposes of Chapter 5 of Part 12, section 456 and Chapter 1 of Part 20 of the Taxes Consolidation Act, 1997 , to be members of the same group. |