National Asset Management Agency Act 2009
Provision of tax information to NAMA. |
212.— (1) In this section “ the Capital Gains Tax Acts ” and “ the Corporation Tax Acts ” have the respective meanings given by section 1(2) of the Taxes Consolidation Act 1997 . | |
(2) Where shares in a company are acquired by— | ||
(a) NAMA, | ||
(b) a company referred to in section 616(1)(g) of the Taxes Consolidation Act 1997 , or | ||
(c) a NAMA group entity, | ||
and, as a consequence of the acquisition, the provisions of the Capital Gains Tax Acts, the Corporation Tax Acts or the Stamp Duties Consolidation Act 1999 as amended or extended impose a charge to tax or duty on the company by virtue of a clawback of a relief, the person from whom the shares are acquired shall inform NAMA, the acquiring company or the NAMA group entity of the charge and the amount of tax or duty due. |