Schedule 1, Part 4 Amendments of Taxes Consolidation Act 1997

1

Section 38(1)

Delete all of the words from "to securities" to the end of the subsection and substitute "to securities specified in the Table to section 37.".

2

Section 172A(1)(a)

In subparagraph (i) of the definition of "relevant distribution":

(a) insert the following clauses after clause (I):

"(IA) the National Treasury Management Agency,

(IB) a Fund investment vehicle (within the meaning of section 37 of the National Treasury Management Agency (Amendment) Act 2014) of which the Minister for Finance is the sole beneficial owner,";

(b) delete clause (II);

(c) delete clause (III).

3

Section 230

Insert the following subsection after subsection (1):

"(1A) Notwithstanding any provision of the Corporation Tax Acts, profits arising to a Fund investment vehicle (within the meaning of section 37 of the National Treasury Management Agency (Amendment) Act 2014) of which the Minister for Finance is the s