Finance Act 2005
|
Amendment of section 88 (certain stocks and marketable securities) of Principal Act. |
124.—(1) Section 88 of the Principal Act is amended— | |
(a) in subsection (1)(b) by substituting the following for subparagraph (i): | ||
“(i) units in an investment undertaking within the meaning of section 739B of the Taxes Consolidation Act 1997 or units in a common contractual fund within the meaning of section 739I (inserted by the Finance Act 2005) of that Act,”, | ||
and | ||
(b) in subsection (2)(b) by substituting “an investment undertaking within the meaning of section 739B of the Taxes Consolidation Act 1997 ” for “a collective investment undertaking within the meaning of section 734 of the Taxes Consolidation Act, 1997 ”. | ||
(2) This section applies as respects conveyances or transfers effected on or after the date of the passing of this Act. |