Taxes Consolidation Act 1997 section 330

Interpretation (Chapter 2)

Section 330 was the interpretation section for the Chapter dealing with tax reliefs for the Temple Bar Area in Dublin, defining key terms and setting out the approval and apportionment rules that applied to the scheme.

The section dealt with the following matters:

• It defined the qualifying period during which expenditure had to be incurred to attract relief under the Chapter.
• It defined "refurbishment" and confirmed that the "Temple Bar Area" was the area described in Schedule 6.
• It required that buildings or premises in the Temple Bar Area be approved by Temple Bar Renewal Limited before any relief could apply.
• It allowed expenditure on mixed-use buildings to be apportioned on a just and reasonable basis between the commercial and residential parts.