(1) Chapter 1B of Part 27 of the Principal Act is amended -

(a) in section 739K -

(i) in subsection (1) -

(I) in paragraph (c) of the definition of "IREF assets", by inserting ", which are actively and substantially traded on such stock exchange," after "stock exchange",

(II) by deleting paragraph (a) of the definition of "IREF excluded profits",

(III) by inserting the following after the definition of "IREF withholding tax":

"‘PRSA’ means a Personal Retirement Savings Account within the meaning of section 787A;",

(IV) by inserting the following after the definition of "purchased IREF profits":

"‘qualifying intermediary’ means an intermediary (within the meaning of section 739B(1)) who is authorised by the Central Bank of Ireland under -

(a) before 3 January 2018, the European Communities (Markets in Financial Instruments) Regulations 2007 (S.I. No. 60 of 2007), and

(b) on and after 3 January 2018, the European Union (Markets in Financial Instruments) Regulations 2017 (S.I. No. 375 of 2017);",

(V) in the definition of "specified person" -

(A) by substituting the following for paragraph (a):