Finance Act, 1993

Údarás na Gaeltachta and small enterprise grants.

37.—(1) A grant to which this section applies shall be disregarded for all the purposes of the Tax Acts.

(2) This section applies to a grant made on or after the 1st day of April, 1993, under section 10 (5) (a) of the Údarás na Gaeltachta Act, 1979 , or section 21 (5) (a) (as amended by the Industrial Development (Amendment) Act, 1991 ) of the Industrial Development Act, 1986 , being an employment grant—

(a) in the case of the said section 10 (5) (a), under the scheme known as “Deontais Fhostaíochta ó Údarás na Gaeltachta do Thionscnaimh Sheirbhíse Idir-Náisiúnta” or the scheme known as “Deontais Fhostaíochta ó Údarás na Gaeltachta do Thionscail Bheaga Dhéantúsaíochta”, or

(b) in the case of the said section 21 (5) (a), under the scheme known as “Scheme Governing the Making of Employment Grants to Small Industrial Undertakings”.