Water Services Act 2017


Transfer of local property tax to the Local Government Fund

54. The Finance (Local Property Tax) Act 2012 is amended by the substitution of the following section for section 157:

“157. (1) The Minister shall pay from the Central Fund (or the growing produce thereof) into the Local Government Fund an amount equivalent to the local property tax paid into the Central Fund during the financial years 2014 to 2017.

(2) Notwithstanding section 960D of the Taxes Consolidation Act 1997, in each financial year commencing with the year 2018, the Revenue Commissioners shall pay into the Local Government Fund the local property tax received by them during that year.

(3) In this section ‘local property tax’ includes any interest or penalties paid thereon.”.