(1) The Principal Act is amended -

(a) in section 958 -

(i) in subsection (1)(a) -

(I) by inserting the following definitions after the definition of "pre-preceding chargeable period":

 "' relevant accounting standards ' has the same meaning as in Schedule 17A;

' relevant company ' means a company in respect of which profits or gains for the purposes of Case I or II of Schedule D are computed in accordance with relevant accounting standards, which are, or include, relevant accounting standards in relation to profits or gains or losses on financial assets or liabilities;",

and

(II) in the definition of "relevant limit" by substituting "€200,000" for "€150,000",

(ii) in subsection (4D) (b), by substituting the following for "no amount were included in the chargeable person's profits for the chargeable period in respect of chargeable gains on the disposal by the person of assets in the part of the chargeable period which is after the date by which the first instalment for the chargeable period is payable in accordance with subsection (2A),":

 "no amount were included in the chargeable person's profits for the chargeable period -