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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2011 - onwards
Version 2 of 2

37. Amendment of Chapter 4 (interest payments by certain deposit takers) of Part 8 of Principal Act.

(1) Chapter 4 of Part 8 of the Principal Act is amended -

(a) in section 256(1) by inserting the following definition after the definition of "pension scheme":

"'PRSA provider' has the same meaning as in Part X of the Pensions Act 1990;",

(b) in section 256(1) in paragraph (i) of the definition of "relevant deposit" by deleting "or",

(c) in section 256(1) in paragraph (j) of the definition of "relevant deposit" by substituting "subsection (1B), or" for "subsection (1B);",

(d) in section 256(1) in the definition of "relevant deposit" by inserting the following after paragraph (j):

"(k) which is made by, and the interest on which is beneficially owned by, a PRSA provider where the PRSA provider has provided the relevant deposit taker with the number assigned to that provider by the Revenue Commissioners;",

(e) in section 256 by inserting the following after subsection (2):