Finance Act, 1989

Amendment of Chapter VI (manufacturing companies) of Part I of Finance Act, 1980.

22.—Chapter VI (as amended by section 45 of the Finance Act, 1984 ) of Part I of the Finance Act, 1980 , is hereby amended—

(a) by the substitution in section 38 for the definition of “relevant accounting period” of the following definition:

“‘relevant accounting period’ means an accounting period or part of an accounting period of a company falling within the period from—

(a) where subsection (1CC) (inserted by section 45 of the Finance Act, 1984 ) of section 39 applies, the 13th day of April, 1984,

(b) where subsection (1CC) (as so inserted and amended by section 22 of the Finance Act, 1989) of section 39 applies, the 6th day of April, 1989, or

(c) in any other case, the 1st day of January, 1981,

to the 31st day of December, 2000;”,


(b) by the substitution in subsection (1CC) of section 39 of the following paragraph for paragraph (a):

“(a) In this subsection ‘computer services’ means any or all of the following:

(i) data processing services,

(ii) software development services, and

(iii) technical or consultancy services which relate to either or both subparagraphs (i) and (ii),

the work on the rendering of which is carried out in the State in the course of a service undertaking in respect of which an employment grant was made by the Industrial Development Authority under section 25 of the Industrial Development Act, 1986 .”.