Finance Act, 1956
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Amendment of section 13 of Finance (No.2) Act, 1947. |
30.—(1) Section 13 of the Finance (No. 2) Act, 1947 (No. 33 of 1947), as amended by subsequent enactments, shall have effect— | |
(a) as if the following words were contained therein at the end of and as part of subsection (4): | ||
“or, alternatively certifying— | ||
(A) that the property being conveyed or transferred is property which is being acquired for private residential purposes and does not include land exceeding five acres in extent, or | ||
(B) that the property being conveyed or transferred is property which is being acquired exclusively for the purposes of an industry other than agriculture”; and | ||
(b) as if the following words were contained therein at the end of and as part of paragraph (a) of subsection (7): | ||
“or unless the property conveyed or transferred is within paragraph (a) or paragraph (b) of that subsection”. | ||
(2) Section 26 of the Finance Act, 1949 (No. 13 of 1949), shall not have effect in relation to any property which at the date of the relevant conveyance or transfer was within one of the descriptions set out in paragraph (a) of subsection (1) of this section. |