Finance Act, 1951

Exemption for trade unions.

5.—Subsection (2) of section 39 of the Income Tax Act, 1918, as amended by section 3 of the Finance Act, 1937 (No. 18 of 1937), is hereby further amended by the substitution of “one hundred and thirty pounds a year by way of annuity” for “eighty pounds a year by way of annuity”.