Personal Retirement Scheme (Amendment) Rules, 2021

L.N. 2 of 2021

INCOME TAX ACT

(CAP. 123)

Personal Retirement Scheme (Amendment) Rules, 2021

IN EXERCISE of the powers conferred by articles 57 and 96 of

the Income Tax Act, the Minister responsible for finance and

employment has made the following rules:-

(1) The title of these rules is the Personal Retirement

commencement.

Scheme (Amendment) Rules, 2021, and these rules shall be read and

construed as one with the Personal Retirement Scheme Rules,

hereinafter referred to as "the principal rules".

(2) Rule 3 shall apply for the year of assessment 2022 and

subsequent years of assessment.

In paragraph (a) of rule 5 of the principal rules, the words

"occupational retirement scheme" shall be substituted by the words

"retirement pension scheme".

In rule 8 of the principal rules, the words "five hundred

euro (€500)" shall be substituted by the words "seven hundred and

fifty euro (€750)".

€0.09