Taxes Consolidation Act 1997 section 263D

Declarations to the Revenue Commissioners in relation to relevant amounts

Section 263D sets out the requirements for a written declaration that must be made to the Revenue Commissioners in order for deposit interest on certain ex gratia payments (referred to as relevant amounts) to be paid without deduction of DIRT.

• The declaration must be made in writing to the Revenue Commissioners, in a prescribed form, by the person entitled to receive the interest on the deposit, and must be signed by that person (referred to as the "declarer").
• The declaration must state that, at the time it is made, the deposit consists solely of a relevant amount, and must include the declarer's name, address, and PPS Number.
• The declaration must also include the name and address of the financial institution (including the branch, if applicable) holding the deposit, together with the account number or membership number of the deposit.
• The declaration must contain any other information that the Revenue Commissioners may reasonably require for the purposes of this Chapter.