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Version date: 31 December 2020 - onwards
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244A. Application of section 244 (relief for interest paid on certain home loans) of Principal Act.

(1)

(a) In this section -

(i) "EEA Agreement" means the Agreement on the European Economic Area signed at Oporto on 2 May 1992, as adjusted by all subsequent amendments to that Agreement;

"EEA state" means a state which is a contracting party to the EEA Agreement;

"qualifying dwelling", in relation to an individual, means a qualifying residence situated in the State;

"qualifying lender" has the meaning assigned to it by subsection (3);

"qualifying mortgage interest", in relation to an individual and a year of assessment, means the qualifying interest paid by the individual in the year of assessment in respect of a qualifying mortgage loan;

"qualifying mortgage loan", in relation to an individual, means a qualifying loan or loans secured by the mortgage of freehold or leasehold estate or interest in a qualifying dwelling, and

(ii) "appropriate percentage", "qualifying interest", "qualifying loan", "qualifying residence" and "relievable interest" have the same meanings, respectively, as

Comparing proposed amendment...