Section 848AG Retention of declarations

subscription or 30 day access with no obligation

Amendments

Section 848AG inserted by Finance Act 2006 section 42.

An administrator shall retain in respect of each individual to whom this Part applies-

(a) the maturity statement in relation to the individual"s special savings incentive account, and

(b) the declaration of a kind referred to in section 848X made by the individual,

for such period and in such form as the Revenue Commissioners may by regulation provide.

For how long must an administrator retain declarations regarding SSIAs?

The administrator must keep the maturity statements and declarations for each individual who claims tax credits in relation to an SSIA which is transferred to a pension fund.