Town Renewal Act, 2000
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Certain reliefs conditional on buildings, etc., being consistent with town renewal plan. |
7.—(1) No relief from income tax or corporation tax, as the case may be, may be granted under Chapter 10 (inserted by the Finance Act, 2000 ) of Part 10 of the Act of 1997, in respect of the construction, refurbishment or conversion of a building, structure or house unless the county council which prepared the town renewal plan concerned has certified in writing, in a manner specified by the Minister, that such construction, refurbishment or conversion is consistent with the objectives of that town renewal plan, being the particular plan concerned that was taken into consideration by the Minister in the making by him or her to the Minister for Finance of the recommendations referred to in section 6 . | |
(2) In this section, “town renewal plan concerned” means the town renewal plan, within the boundary of the area to which that plan relates, the relevant building, structure or house is situate. |