Section 106 of the Finance Act, 1993 (as amended by section 106 of the Finance Act, 1994), is hereby amended in subsection (2) -
(a) by the deletion of "the transfer of loan capital of a company or other body corporate",
(b) by the substitution in paragraph (a) of "the transfer of loan capital of a company or other body corporate which" for "loan capital which",
(c) by the deletion of subparagraph (i) of paragraph (a),
(d) by the substitution of the following subparagraph for subparagraph (ii) of paragraph (a):
"(ii) does not carry a right of conversion into stocks or marketable securities (other than loan capital) of a company having a register in the State or into loan capital having such a right,",
and
(e) by the insertion of "the issue or transfer of" before "securities issued by a qualifying company" in paragraph (b).