(1) Subject to the provisions of subsection (3), where tax is chargeable in respect of the letting of immovable goods which is deemed to be a supply of goods in accordance with section 4 and the lessee would, but for the operation of this section, have been entitled to claim a deduction under section 12(1)(a)(i) for all the said tax borne in relation to that supply, the lessor shall not be liable to pay the said tax and, in that case, the lessee shall be liable to pay the said tax as if the lessee had supplied the goods in the course or furtherance of business.
(2) Where, in relation to a supply, the lessor and the lessee wish the provisions of subsection (1) to apply they shall -
(a) complete such application form as may be provided by the Revenue Commissioners for that purpose,
(b) certify the particulars shown on such form to be correct, and
(c) submit to the Revenue Commissioners the completed and certified application form, together with such further information in support of