(1) Notwithstanding section 28(3) and subject to subsection (2), the rate of capital gains tax in respect of a chargeable gain accruing to a person on a relevant disposal shall be -
(a) in the case of a relevant disposal made in the period from 3 December 1997 to 30 November 1999, 40 per cent, and
(b) in the case of a relevant disposal made on or after 6 December 2012, 33 per cent.
(c) [deleted]
(a) Subsection (1) shall not apply to a relevant disposal to which this subsection applies and, accordingly, the rate of capital gains tax in respect of a chargeable gain on such a relevant disposal shall be 20 per cent.
(b) This subsection shall apply to the following:
(i) [deleted]
(ii) a relevant disposal made in the period from 23 April 1998 to 30 November 1999, being a disposal of land to a housing authority (within the meaning of section 23 of the Housing (Miscellaneous Provisions) Act, 1992) which land is specified in a certificate given by the housing authority as land required for
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