S.I. No. 232/1979:

VALUE-ADDED TAX (REFUND OF TAX) (REVOCATION) ORDER, 1979.

VALUE-ADDED TAX (REFUND OF TAX) (REVOCATION) ORDER, 1979.

I, SEOIRSE Ó COLLA, Minister for Finance, in exercise of the powers conferred on me by section 20 (3) of the Value-Added Tax Act, 1972 ( S.I. No. 22 of 1972 ), hereby order as follows:

1. (1) This Order may be cited as the Value-Added Tax (Refund of Tax) (Revocation) Order, 1979.

(2) This Order shall be deemed to have come into operation on the 1st day of March, 1979.

2. The Value-Added Tax (Refund of Tax) (No. 2) Order, 1972 ( S.I. No. 269 of 1972 ), is hereby revoked.

GIVEN under my Official Seal, this 29th day of June, 1979.

SEOIRSE Ó COLLA,

Minister for Finance.

EXPLANATORY NOTE.

This Order revokes the Value-Added Tax (Refund of Tax) (No. 2) Order, 1972, which enabled commercial sea fishermen who were unregistered for VAT to claim repayment of the VAT element in outlay on fishing boats in respect of which they received a grant or loan of money from An Bord Iascaigh Mhara. This relief is now provided for in the context of Regulation 29 of the Value-Added Tax Regulations, 1979 (made under Section 13, of the Value-Added Tax Act, 1972 ).