The Taxes Consolidation Act, 1997, is hereby amended in accordance with the following provisions of this Schedule.
(a) In section 145(2) there shall be substituted for paragraph (b) the following paragraph:
"(b) The reference to certain tax credits in the definition of 'B' in paragraph (a) shall, in relation to distributions received by a company which makes a distribution to which this section applies, be construed -
(i) as a reference to such tax credits multiplied by.2295 in so far as they are tax credits in respect of distributions made before the 6th day of April, 1978, or made after the 5th day of April, 1983, and before the 6th day of April, 1988,
(ii) as a reference to such tax credits multiplied by.2883 in so far as they are tax credits in respect of distributions made after the 5th day of April, 1978, and before the 6th day of April, 1983,
(iii) as a reference to such tax credits multiplied by.2626 in so far as they are tax credits in respect of distributions m
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