S.I. No. 178/1999 - Finance Act, 1999 (Commencement of Section 117(1)) Order, 1999

1. This Order may be cited as the Finance Act, 1999 (Commencement of Section 117(1)) Order, 1999.

2. The 1st day of July 1999, is hereby appointed as the day on which

section 117

(1) of the

Finance Act, 1999

(No. 2 of 1999) shall come into operation.

GIVEN under my Official Seal, this 15th day of June, 1999.

CHARLIE McCREEVY,

Minister for Finance.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order appoints the 1st day of July, 1999 as the date for coming into operation of

section 117

(1) of the

Finance Act, 1999

. As a consequence, the rate of excise duty on bets is reduced to 5 per cent. as and from that date.

I, CHARLIE McCREEVY, Minister for Finance, in exercise of the powers conferred on me by

section 117

(2) of the

Finance Act, 1999

(No. 2 of 1999), hereby order as follows