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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 23 May 1994 - onwards
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124. Interpretation (Chapter I).

(1) In this Chapter -

"agricultural property" has the meaning assigned to it by section 19 of the Principal Act (as amended by the Finance Act, 1994);

"associated company" has the meaning assigned to it by section 16(1)(b) of the Companies (Amendment) Act, 1986;

"business" includes a business carried on in the exercise of a profession or vocation, but does not include a business carried on otherwise than for gain;

"excepted asset" shall be construed in accordance with section 134;

"full-time working officer or employee" in relation to one or more companies, means any officer or employee who devotes substantially the whole of his time to the service of that company, or those companies taken together, in a managerial or technical capacity;

"holding company" and "subsidiary" have the meanings assigned to them, respectively, by section 155 of the Companies Act, 1963;

"the Principal Act" means the Capital Acquisitions Tax Act, 1976;

"quoted",  in relation to any shares or securities, means

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