Finance (Local Property Tax) Act 2012 section 110

Deduction by Minister

Section 110 sets out how the Minister for Agriculture, Food and the Marine must deduct local property tax from net scheme payments when directed to do so by the Revenue Commissioners.

• When Revenue issues a direction, the Minister must deduct LPT from net scheme payments made to or on behalf of a liable person.
• The direction may be an original direction under section 102 or a revised direction under section 109.
• Where net scheme payments during the specified period are insufficient to cover the full LPT amount, the deduction obligation is limited to whatever can actually be collected from those payments.
• The remittance obligations under section 111 are adjusted accordingly where only a partial deduction has been possible.