472BB Sea-going naval personnel credit.
(1) In this section—
“day at sea” means a cumulative period of 8 hours within any 24-hour period on patrol at sea on board a naval vessel;
“naval vessel” means a naval patrol vessel owned by the Minister for Defence;
“qualifying individual” means a permanent member of the Irish Naval Service who has spent at least 80 days at sea in a relevant period performing the duties of his or her employment;
“relevant period” , in relation to a year of assessment, means the immediately preceding year of assessment.
(2) Where for the year of assessment 2020 an individual is a qualifying individual—
(a) he or she shall be entitled to a tax credit (to be known as the “sea- going naval personnel credit” ) of €1,270, and
(b) relief shall not be given under section 472B or 472BA in respect of that year.