|
|
Amendment of section 481 (relief for investment in films) of Principal Act.
|
58.—(1) Section 481 of the Principal Act is amended—
|
|
| |
(a) in subsection (1) in the definition of “qualifying period” by substituting “31 December 2004” for “5 April 2005”,
|
| | |
|
(11 × E)
|
|
|
(b) in subsection (2)(c)(ii) by substituting “66 -
|
___________
|
” for
|
|
|
€1,270,000
|
|
|
|
| |
the formula,
|
|
| |
(c) in subsection (8) by substituting “the year of assessment 2004” for “the year 1999-2000”,
|
|
| |
(d) in subsection (9) by substituting “the year of assessment 2004” for “the year 1999-2000”, and
|
|
| |
(e) by substituting the following for subsection (14):
|
|
| |
“(14) (a) A certificate referred to in subsection (12) shall not be issued without the approval in writing of the authorised officer and where the authorised officer has not received the information sought under subsection (13)(d), or has reason to believe that the conditions for the relief are not, or will not be, satisfied, the authorised officer shall not give such approval.
|
|
| |
(b) Where, in accordance with paragraph (a), the authorised officer does not give the approval referred to in that paragraph, the officer shall issue a determination to that effect and the provisions of section 949 shall apply to such determination as if it were a determination made on a matter referred to in section 864.”.
|
|
| |
(2) (a) Paragraphs (a) and (e) of subsection (1) shall apply with effect from the date of the passing of this Act.
|
|
| |
(b) Paragraph (b) of subsection (1) is deemed to have applied as on and from 1 January 2002.
|
|
| |
(c) Paragraphs (c) and (d) of subsection (1) are deemed to have applied as on and from 20 July 2000.
|
