(1) In this section and in sections 178 to 181 -
"the purchase" means the redemption, repayment or purchase referred to in section 176(1)(a);
"the vendor" means the owner of the shares immediately before the purchase is made.
(2) The vendor shall be resident and ordinarily resident in the State for the chargeable period in which the purchase is made and, if the shares are held through a nominee, the nominee shall also be so resident and ordinarily resident.
(3) The residence and ordinary residence of trustees shall be determined for the purposes of this section as they are determined under section 574 for the purposes of the Capital Gains Tax Acts.
(4) The residence and ordinary residence of personal representatives shall be taken for the purposes of this section to be the same as the residence and ordinary residence of the deceased immediately before his or her death.
(5) The references in this section to a person's ordinary residence shall be disregarded in the case of a company.
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