(1) Section 173 of Principal Act (amended by section 22 of the Act of 2007) is amended by substituting the following for subsection (3):

"(3) Subject to this Act, a one-parent family payment is not payable to a qualified parent whose weekly earnings (including wages and profit from any form of self-employment), calculated or estimated as prescribed, exceed €425.".

(2) Part 5 of Schedule 3 to the Principal Act (amended by section 35 of the Act of 2007) is amended in Rule 1 by substituting the following for paragraph (4):

"(4)

(a) subject to subparagraph (b), in the case of one-parent family payment, the weekly earnings (including wages and profit from any form of self-employment), calculated or estimated as prescribed, constitute the weekly means of that parent from earnings for the purposes of Chapter 7 of Part 3,

(b) in calculating the weekly earnings for the purposes of subparagraph (a), an amount of €146.50 together with half the weekly earnings in excess of that amount shall be disregarded;".

(3) This section comes into operation on 8 May 2008.