25. Designation of certain areas for rented residential reliefs.
(1) The Urban Renewal Act, 1998 is amended in Part II -
(a) by inserting the following after section 9:
"9A. Designation of certain areas for rented residential reliefs.
Where, under section 9, the Minister has recommended to the Minister for Finance that he or she make an order under section 372B(1) of the Taxes Consolidation Act, 1997 that a part or parts (in this section referred to as the 'specified part or parts'), or the whole, of an area to which an integrated area plan relates ought to be a qualifying area for the purposes of section 372AR of that Act, the Minister may further recommend to the Minister for Finance that he or she make an order under the said section 372B(1) that the specified part or parts or any other part or parts of the area concerned ought to be a qualifying area for the purposes of section 372AP of the Taxes Consolidation Act, 1997 in so far as that section relates to one or more of the following:
(a) expenditure on the construction of a house,
(b) conversion expenditure in relation to a house, and
(c) refurbishment expenditure in relation to a house,
notwithstanding that the integrated area plan does not contain or is not accompanied by a recommendation that the specified part or parts, or the other part or parts, of the area to which the plan relates ought to be a qualifying area for the purposes of the said section 372AP in so far as that section relates to one or more of the matters referred to in paragraphs (a), (b) and (c) of this section.",
and