Notice of the making of this Statutory Instrument was published in |
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"Iris Oifigiúil" of 23rd December, 2011. |
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I, MICHAEL NOONAN, Minister for Finance, in exercise of the powers conferred on me by section 20 (4)(a) of the Finance Act 2011 (No. 6 of 2011), hereby order as follows: |
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1. This Order may be cited as the Finance Act 2011 (Section 20) (Commencement) Order 2011. |
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2. The first day of January 2012 is appointed as the day on which section 20 of the Finance Act 2011 (No. 6 of 2011), insofar as it is not in operation, comes into operation. |
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GIVEN under my Official Seal, |
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13 December 2011. |
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MICHAEL NOONAN, |
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Minister for Finance. |
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EXPLANATORY NOTE. |
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(This note is not part of the Instrument and does not purport to be a legal interpretation.) |
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This order brings into operation on 1 January 2012 the provisions of section 20 of the Finance Act 2011 , other than subsection (2) which came into force on 1 January 2011. The provisions covered by this Commencement Order provide for substantial reform of the operation of relevant contracts tax (RCT). |