S.I. No. 205/1963:

TURNOVER TAX (EXEMPTED ACTIVITIES) (No. 7) ORDER, 1963.

TURNOVER TAX (EXEMPTED ACTIVITIES) (No. 7) ORDER, 1963.

I, SÉAMAS Ó RIAIN, Minister for Finance, in exercise of the powers conferred on me by paragraph (b) of subsection (2) of section 48 of the Finance Act, 1963 (No. 23 of 1963), hereby order as follows:

1. This Order may be cited as the Turnover Tax (Exempted Activities) (No. 7) Order, 1963.

2. the Activity specified in the Schedule to this Order is hereby declared to be, for the purposes of subsection (2) of section 48 of the Finance Act, 1963 , exempted.

SCHEDULE.

Sales of articles of any of the following descriptions:--

Railway and tramway locomotives, rolling stock, and parts thereof; railway and tramway track fixtures; traffic signalling equipment of all kinds (including fog signals).

Railway wood sleepers.

Railway and tramway track construction material of iron or steel; rails, check-rails, switch blades, crossings (or frogs), crossing pieces, point rods, rack rails, sleepers, fishplates, chairs, chair wedges, sole plates, rail chips, bedplates and ties.

GIVEN under my Official Seal, this 29th day of October, 1963.

SÉAMAS Ó RIAIN,

Minister for Finance.

EXPLANATORY NOTE.

This Order exempts from the Turnover Tax sales of certain items of plant, machinery and equipment specially designed for use in connection with the operation of rail transport.