Section 481 of the Principal Act is amended -

(a) in subsection (2)(b), by deleting subparagraph (i),

(b) in subsection (2A)(g) -

(i) by deleting subparagraph (i),

(ii) in subparagraph (iii) by substituting "the amount per cent (in subsection (2) (c) referred to as 'the specified percentage') specified in the certificate" for "the specified percentage, as referred to in that subsection",

(iii) by substituting the following for subparagraph (iv):

"(iv) in relation to the minimum amount of money to be expended on the production of the qualifying film -

(I) directly by the qualifying company on the employment, by the company, of eligible individuals, in so far as those individuals exercise their employment in the State in the production of the qualifying film, and

(II) directly or indirectly by the qualifying company, on the provision of certain goods, services and facilities, as set out in regulations made under subsection (2E),",

and