Taxes Consolidation Act, 1997 (Number 39 of 1997)
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Chapter 13
Living City Initiative
372AAA Interpretation (Chapter 13).
In this Chapter—
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“Georgian house” means a building, constructed in the period 1714 to 1830 for use as a dwelling, comprising at least 2 stories, with or without a basement;
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“market value”, in relation to a building, structure or house, means the price which the unencumbered fee simple of the building, structure or house would fetch if sold in the open market in such manner and subject to such conditions as might reasonably be calculated to obtain for the vendor the best price for the building, structure or house, less the part of that price which would be attributable to the acquisition of, or of rights in or over, the land on which the building, structure or house is constructed;
“qualifying period” means the period commencing on the date of the coming into operation of section 30 of the Finance Act 2013 and ending [7]>5 years after that date;<[7][7]>on 31 December 2022;<[7]
“refurbishment”, in relation to a building, structure or house, means any work of construction, reconstruction, repair or renewal, including the provision or improvement of water, sewerage or heating facilities, carried out in the course of the repair or restoration, or maintenance in the nature of repair or restoration, of the building, structure or house;
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“relevant house” means a building, constructed before 1915 for use as a dwelling, comprising at least 2 storeys, with or without a basement;
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“relevant house” means a building constructed before 1915[6]>for use as a dwelling<[6];
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“PPS number” and “tax reference number” have the same meanings respectively as in section 477B(1);
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“special regeneration area” means an area or areas specified as a special regeneration area by order of the Minister for Finance.
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Inserted by FA13 s30(1)(a). Comes into operation on such day as the Minister for Finance may by order appoint.