Taxes Consolidation Act, 1997
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Profits from occupation of certain woodlands. [FA69 s18(1) and (2)(c); CTA76 s11(6); FA96 s132(2) and Sch5 PtII] |
232.—(1) In this section— | |
“occupation”, in relation to any land, means having the use of that land; | ||
“woodlands” means woodlands in the State. | ||
(2) Except where otherwise provided by section 75 , the profits or gains arising from the occupation of woodlands managed on a commercial basis and with a view to the realisation of profits shall not be taken into account for any purpose of the Tax Acts. |