Finance Act, 1999
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Exemption from benefit-in-kind of certain childcare facilities. |
34.—The Principal Act is hereby amended in Chapter 3 of Part 5 by the insertion of the following section after section 120: | |
“120A.—(1) In this section— | ||
“childcare service” means any form of child minding service or supervised activity to care for children, whether or not provided on a regular basis; | ||
“qualifying premises” means premises which— | ||
(a) are made available solely by the employer, | ||
(b) are made available by the employer jointly with other persons and the employer is wholly or partly responsible for financing and managing the provision of the childcare service, or | ||
(c) are made available by any other person or persons and the employer is wholly or partly responsible for financing and managing the provision of the childcare service, | ||
and in respect of which it can be shown that the requirements of Article 9, 10 or 11, as appropriate, of the Child Care (Pre-School Services) Regulations, 1996 ( S.I. No. 398 of 1996 ), have been complied with. | ||
(2) Subsection (1) of section 118 shall not apply to any expense incurred by a body corporate in or in connection with the provision of a childcare service in qualifying premises for a child of a director or employee.”. |