The Principal Act is amended in Schedule 2B by the substitution for paragraph 9 of the following:

"Declaration of qualifying fund manager or qualifying savings manager

9. The declaration referred to in section 739D(6)(h) is a declaration in writing to the investment undertaking which -

(a) is made by a qualifying fund manager or, as the case may be, a qualifying savings manager (in this paragraph referred to as the 'declarer') in respect of the units which are assets in an approved retirement fund, an approved minimum retirement fund, or a special savings incentive account,

(b) is signed by the declarer,

(c) is made in such form as may be prescribed or authorised by the Revenue Commissioners,

(d) declares that, at the time the declaration is made, the units in respect of which the declaration is made -

(i) are assets of an approved retirement fund, an approved minimum retirement fund or, as the case may be, a special savings incentive account, and

(ii) are managed by the declarer for the individual who is beneficially entitled to the units,

(e) contains the name, address and tax reference number of the individual referred to in paragraph (d),