Section 62

1. The Taxes Consolidation Act 1997 is amended -

(a) in section 770(1), in the definition of "overseas pension scheme", by substituting the following for paragraph (a):

"(a) operated or managed by an institution for occupational retirement provision as defined by Article 6(1) of Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 [OJ No. L354, 23.12.2016, p. 37], and",

(b) in section 790B(1) -

(i) by substituting the following for the definition of "Directive":

"'Directive' means Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016[OJ No. L354, 23.12.2016, p. 37] on the activities and supervision of institutions for occupational retirement provision (IORPs) (recast);",

and

(ii) in the definition of "scheme" by substituting "Article 6(4)" for "Article 6(d)",

and

(c) in Schedule 13 -

(i) by deleting paragraphs 19, 91, 105, 118, 129 and 135,

(ii) by inserting the following paragraphs after paragraph 200: