(1) Part 30 of the Principal Act is amended -

(a) in section 770(1) -

(i) by the insertion, before the definition of "administrator", of the following definition:

" 'additional voluntary contributions' means voluntary contributions made to a scheme by an employee which are -

(i) contributions made under a rule or part of a rule, as the case may be, of a retirement benefits scheme (in this definition referred to as the 'main scheme') which provides specifically for the payment of members' voluntary contributions, other than contributions made at the rate or rates specified for members' contributions in the rules of the main scheme, or

(ii) contributions made under a separately arranged scheme for members' voluntary contributions which is associated with the main scheme;",

and

(ii) by the substitution, in the definition of "proprietary director", of "5 per cent" for "20 per cent",

(b) in section 772 -

(i) by the substitution of the following for paragraph (a) of subsection (3A):

"(a) The Revenue Commissioners shall not approve a retirement benefits scheme for the purposes of this Chapter unless it appears to them that the scheme provides for any individual entitled to a pension under the scheme who is -