Section 2(1) of the Principal Act is amended, in the definition of "share-based remuneration" (amended by section 4 of the Social Welfare and Pensions Act 2014), by the substitution of the following paragraph for paragraph (a) of that definition:

"(a) any gain realised by the exercise of a right in accordance with section 128 of the Act of 1997, other than any gain realised by the exercise of a qualifying share option (within the meaning of the Act of 1997) which is not chargeable to income tax under section 128F of that Act,".