Finance Act, 1978
|
PART VI Capital Acquisitions Tax | ||
|
Extension of section 55 (exemption of certain objects) of Capital Acquisitions Tax Act, 1976. |
39.—(1) Section 55 of the Capital Acquisitions Tax Act, 1976 , shall apply, as it applies to the objects specified therein, to a house or garden that is situated in the State and is not held for the purposes of trading and— | |
(a) which, on a claim being made to the Commissioners, appears to them to be of national, scientific, historic or artistic interest, | ||
(b) in respect of which reasonable facilities for viewing were allowed to members of the public from the date of the passing of this Act to the date of the gift or the date of the inheritance, or during the three years immediately before the date of the gift or the date of the inheritance, and | ||
(c) in respect of which reasonable facilities for viewing are allowed to members of the public, | ||
with the modification that the reference in subsection (4) of that section to subsection (1) (b) or (c) of that section shall be construed as a reference to paragraph (c) of this subsection and with any other necessary modifications. | ||
(2) This section shall apply where the date of the gift or the date of the inheritance is on or after the date of the passing of this Act. |