CTHRepealedAct
Taxation (Deficit Reduction) Act (No. 1) 1993
32Co‑operative companies
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32 Co‑operative companies
Section 117 of the Principal Act is amended by inserting after subsection (2) the following subsection: (3) Subsection (2) does not apply to a credit union in relation to a year of income if: (a) the credit union is a recognised medium credit union in relation to the year of income; or (b) the credit union is a recognised large credit union in relation to the year of income.