S.I. No. 397/2002 - Finance Act 2001 (Section 48) (Commencement) Order 2002

1. This Order may be cited as the Finance Act 2001 (Section 48 (Commencement) Order 2002.

2.

Section 48

of the

Finance Act 2001

(No. 7 of 2001) is deemed to have come into operation on 6 April 2001.

GIVEN under my Official Seal,

2

nd

July 2002

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 6

th

April, 2001 as the date for the coming into operation of

section 48

of the

Finance Act, 2001

. That section provides for an extension from 6 April 2001 until 31 December 2002 of the 100 per cent scheme of stock relief for certain young trained farmers.

I, Charlie McCreevy, Minister for Finance, in exercise of the powers conferred on me by

section 48

of the

Finance Act 2001

(No. 7 of 2001), hereby order as follows