Finance Act, 1999
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Amendment of section 485 (relief for gifts to third-level institutions) of Principal Act. |
36.—(1) Section 485 of the Principal Act is hereby amended in subsection (1) by the substitution of the following definition for the definition of “approved institution”: | |
“‘approved institution’ means— | ||
(a) an institution of higher education within the meaning of section 1 of the Higher Education Authority Act, 1971 , or any body established in the State for the sole purpose of raising funds for such an institution, or | ||
(b) an institution in the State in receipt of public funding which provides courses to which a scheme approved by the Minister under the Local Authorities (Higher Education Grants) Acts, 1968 to 1992, applies or any body established in the State for the sole purpose of raising funds for such an institution;”. | ||
(2) This section shall apply and have effect as on and from the 6th day of April, 1999. |