← Ireland

S.I. No. 225/2005 - Finance Act 2005 (Commencement of Sections 100 and 104(1)(B)) Order 2005

S.I. No. 225/2005 - Finance Act 2005 (Commencement of Sections 100 and 104

(1)(B)) Order 2005 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.
  1. ie)Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.
  2. ie)Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(
  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 2005 S.I. No. 225/2005 - Finance Act 2005 (Commencement of Sections 100 and 104
(1)(B)) Order 2005 S.I. No. 225/2005 - Finance Act 2005 (Commencement of Sections 100 and 104
(1)(B)) Order 2005 AmendmentsLeasuithe Made by the Minister for Finance I, Brian Cowen, Minister for Finance, in exercise of the powers conferred on me by section 100
(2)and 104
(2)of the Finance Act 2005 (No. 5 of 2005), hereby order as follows: 1. This Order may be cited as the Finance Act 2005 (Commencement of Sections 100 and 104
(1)(b)) Order
  2. The 1st day of May 2005 is appointed as the day on which paragraphs (a) and (b of subsection
(1)of section 100 and paragraph (b) of subsection
(1)of section 104 of the Finance Act 2005 shall take effect. GIVEN under my Official Seal, this 28th day of April, 2005. __________________ Brian Cowen Minister for Finance. EXPLANATORY NOTE — Section 100 and 104
(1)(
  1. b)(This note is not part of the instrument and does not purport to be a legal interpretation). This order appoints the 1st day of May, 2005 as the date for coming into effect of the provisions of paragraphs (
  2. a)and (
  3. b)of subsection
(1)of section 100 and paragraph (b) of subsection
(1)of section 104 of the Finance Act 2005 . Section 100 provides for a change in the rules regarding the VAT treatment of certain property transactions. Paragraph (
  1. a)is a technical amendment. Paragraph (
  2. b)provides for the termination of the existing rules when the new rules come into effect. It also provides for a clawback of a proportion of deductibility which the taxpayer was previously entitled to claim, if a property is diverted into exempt short-term letting. The clawback arises when the letting commences. Section 104 paragraph (
  3. b)provides for a credit of a proportion of the same deductibility when the property is subsequently disposed of. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

🔗 To official source

AI explanation based on the official legal text. Indicative, not a substitute for legal advice.