Chapter 3 of Part 38 of the Principal Act is amended by inserting after section 891A the following:

"Returns of certain payments made by certain persons.

891B.

(1) In this section -

'assurance company' means-

(a) an assurance company within the meaning of section 3 of the Insurance Act 1936, or

(b) a person that holds an authorisation within the meaning of the European Communities (Life Assurance) Framework Regulations 1994 (S.I. No. 360 of 1994);

'collective fund' means -

(a) an investment undertaking (within the meaning of section 739B), or

(b) a unit trust to which section 731(5) applies;

'financial institution' means -

(a) a person who holds or has held a licence under section 9 of the Central Bank Act 1971,

(b) a person referred to in section 7(4) of the Central Bank Act 1971, or

(c) a credit institution (within the meaning of the European Communities (Licensing and Supervision of Credit Institutions) Regulations, 1992 (S.I. No. 395 of 1992)) which has been authorised by the Central Bank of Ireland to carry on business of a credit institution in accordance with the provisions of the supervisory enactments (within the meaning of those Regulations);