Provisional Collection of Taxes Act 1927 section 2

Certain resolutions to have statutory effect

Section 2 sets out the circumstances in which a tax resolution passed by Dáil Éireann can have immediate legal effect as if it were an Act of the Oireachtas, without waiting for the Finance Act to be formally enacted.

• A resolution passed by Dáil Éireann can impose a new tax, increase, reduce, vary or abolish an existing permanent tax, or renew or discontinue an existing temporary tax.
• The resolution must specify the tax concerned and, where relevant, the date from which it is to take effect; if no date is stated, the resolution takes effect from the date it is passed.
• The resolution must contain a declaration that it is expedient in the public interest for it to have statutory effect under this Act.
• Where these conditions are met, the resolution has the force of law as if it were contained in an Act of the Oireachtas, subject to the other provisions of the Act.