IE-2011-act-38 — Appropriation Act 2011

Appropriation of sums voted for supply services, totalling €46,374,724,000. 1 .— (1) The sums granted by the Central Fund (Permanent Provisions) Act 1965 out of the Central Fund towards making good the supply granted, amounting in the aggregate to the sum of forty-six thousand, three hundred and seventy-four million, seven hundred and twenty-four thousand euro for the service of the year ending on 31 December 2011 are appropriated for the services and purposes expressed in Schedule 1 . (2) In addition to the grants out of the Central Fund referred to in subsection (1) , there may be applied out of any money directed under section 2 of the Public Accounts and Charges Act 1891 to be applied as appropriations-in-aid of the grants for the services and purposes specified in Schedule 1 , the sums respectively set out in the last column of that Schedule amounting in the aggregate to the sum of four thousand and forty-one million, three hundred and seventy-nine thousand euro. Deferred surrender relating to capital supply services, totalling €115,160,000. 2 .— For the purposes of section 91 of the Finance Act 2004 , in respect of certain undischarged appropriations by reference to the capital supply services and purposes included in a vote referred to in Schedule 1 , there is set out in Schedule 2 the sums deferred into the year ending 31 December 2012, and the related votes and titles in respect of each of those sums, amounting in the aggregate to the sum of one hundred and fifteen million, one hundred and sixty thousand euro. Financial resolutions passed by Dáil Éireann on 6 December 2011. 3 .— (1) The legislation required to give effect to the financial resolutions passed by Dáil Éireann on 6 December 2011 and referred to in subsection (2) may, subject to the time period specified in section 4 of the Provisional Collection of Taxes Act 1927 , be enacted in the year 2012. (2) The Financial Resolutions referred to in subsection (1) are as follows: ( a ) Financial Resolution No. 1 (which relates to excise duty and an increase in the rates of tobacco products tax); ( b ) Financial Resolution No. 2 (which relates to excise duty and an increase in motor tax and trade plate licences commencing on or after 1 January 2012); ( c ) Financial Resolution No. 3 (which relates to excise duty and an increase in the rates of mineral oils tax on petrol, aviation gasoline, heavy oil used as a propellant, heavy oil used for air navigation and heavy oil used for private pleasure navigation); ( d ) Financial Resolution No. 4 (which relates to value-added tax and an increase in the standard rate from 1 January 2012); ( e ) Financial Resolution No. 5 (which relates to income tax and the abolition of the income tax exemption for illness benefit and occupational benefit from 1 January 2012); ( f ) Financial Resolution No. 6 (which relates to income tax and the introduction of a new employment and investment incentive from 25 November 2011); ( g ) Financial Resolution No. 7 (which relates to stamp duties and a reduction in the rate of stamp duty on non-residential property); ( h ) Financial Resolution No. 8 (which relates to capital acquisitions tax and an increase in the rate of tax on gifts and inheritances); ( i ) Financial Resolution No. 9 (which relates to capital acquisitions tax and a decrease in the capital acquisitions tax group A tax-free threshold); ( j ) Financial Resolution No. 10 (which relates to capital gains tax and an increase in the rate of capital gains tax); ( k ) Financial Resolution No. 11 (which relates to income tax and an increase in the rate of deposit interest retention tax from 1 January 2012); and ( l ) Financial Resolution No. 12 (which relates to income tax and an increase in the rates of tax applying to life assurance policies and investment funds from 1 January 2012). Short title. 4 .— This Act may be cited as the Appropriation Act 2011.