Section 2 of the Principal Act is amended -

(a) by inserting the following after the definition of "defined contribution scheme":

" 'Directive' means Directive 2003/41/EC of the European Parliament and of the Council [OJ No. L235 29.9.2003, p.10];",

(b) in the definition of "employer" (inserted by section 6 of the Act of 2002), by inserting "and subject to section 154" after "Part VII",

(c) in the definition of "member" (as amended by section 53 of the Social Welfare Act 1992), by substituting "sections 62 and 154" for "section 62",

(d) by substituting the following for the definition of "occupational pension scheme" (as amended by section 42 of the Social Welfare Act 1993):

" 'occupational pension scheme', means any scheme or arrangement other than an overseas pension scheme within the meaning of section 770(1) of the Taxes Consolidation Act 1997  -

(a) which is comprised in one or more instruments or agreements, and

(b) subject to section 154, which provides or is capable of providing in relation to employees in any description of employment within the State, benefits, and

(c)

(i) which has been approved of by the Revenue Commissioners for the purpose of Chapter 1 of Part 30 of the Taxes Consolidation Act 1997, or