Capital Acquisitions Tax Consolidation Act 2003 section 120

Transitional provisions

Section 120 ensures the continuity of Revenue's powers and of capital acquisitions tax law following the consolidation of the earlier legislation into the 2003 Act.

• Revenue retain all jurisdictions, powers and duties in relation to CAT that they held under the pre-consolidation legislation.
• The continuity of CAT law is preserved despite the replacement of the earlier enactments by the consolidated Act.
• Any reference in legislation or documents to a provision of the consolidated Act may, where appropriate, be read as including a reference to the corresponding pre-consolidation provision.
• Any reference in legislation or documents to a pre-consolidation provision may, where appropriate, be read as including a reference to the corresponding provision in the consolidated Act.