Taxes Consolidation Act, 1997 (Number 39 of 1997)
[1]>
705DConditions regarding an accounting period.
Subject to subsections (2) and (3) of section 705B, where a notice has been given under section 705E by—
(a) a company, all of the conditions in section 705B(1) must continue to be met by that company for each accounting period following the specified accounting period until a notice has been issued in accordance with section 705O,
(b) a principal company in respect of a group, the conditions in section 705B(1)(a) must continue to be met by that principal company for each accounting period following the specified accounting period until a notice has been issued in accordance with section 705O, and
(c) a principal company in respect of a group, the conditions in section 705B(1)(b) must continue to be met by that group for each accounting period following the specified accounting period until a notice has been issued in accordance with section 705O.
<[1]
[1]
Inserted by FA13 s41(c). Deemed to have come into force and takes effect on and from 1 January 2013.