Donations (Community Chest Fund) (Amendment) Rules, 2016

L.N. 2 of 2016

INCOME TAX ACT

(CAP. 123)

Donations (Community Chest Fund) (Amendment) Rules, 2016

IN exercise of the powers conferred by articles 14(2)(b) and 96

of the Income Tax Act, the Minister for Finance has made the

following rules:-

The title of these rules is the Donations (Community Chest

Fund) (Amendment) Rules, 2016, and these rules shall be read and

construed as one with the Donations (Community Chest Fund) Rules,

hereinafter referred to as "the principal rules".

Sub-rule (2) of rule 2 of the principal rules shall be

substituted by the following

"(2) These rules shall apply only with respect to

donations made between 1st January and the 31st December

2015.".

Rule 3 of the principal rules shall be amended as follows

(a)

in sub-rule (1) thereof, the words "the equivalent of

50% of" there shall be deleted; and for the words "for the year

of assessment 2015" there shall be substituted the words "for the

relative year of assessment"; and

(b) in sub-rule (3) thereof, for the words "30th June

2015." there shall be substituted the words "30th June of the

year following that in which the donations were made.".

€0.09