S.I. No. 144/1964 - Turnover Tax (Exempted Activities) (No. 13) Order, 1964.

1. This Order may be cited as the Turnover Tax (Exempted Activities) (No. 13) Order, 1964.

2. the Activity specified in the Schedule to this Order is hereby declared to be, for the purposes of subsection (2) of

section 48

of the

Finance Act, 1963

, exempted.

SCHEDULE.

The acceptance on and after the 15th day of June, 1964, of bets when the event which is the subject of the bet is either a horse race or a greyhound race and the bet is entered into during the meeting at which such race is an item and at the place at which such meeting is held.

GIVEN under my Official Seal, this tenth day of June, 1964.

SÉAMAS Ó RIAIN,

Minister for Finance.

EXPLANATORY NOTE.

This Order removes course betting with bookmakers and the totalisator on horse and greyhound racing from the scope of Turnover Tax with effect as from 15th June, 1964. Betting at coursing meetings has already been exempted by the Turnover Tax (Exempted Activities) (No. 3) Order, 1963.

S.I. No. 144 of 1964.

TURNOVER TAX (EXEMPTED ACTIVITIES) (NO. 13) ORDER, 1964.

I, SÉAMAS Ó RIAIN, Minister for Finance, in exercise of the powers conferred on me by paragraph (

b

) of subsection (2) of

section 48

of the

Finance Act, 1963

, (No. 23 of 1963), hereby order as follows :—