(1) Section 18 of the Finance Act, 1989, is hereby amended -
(a) in subsection (1) -
(i) in the definition of "collective investment undertaking" (inserted by section 19 of the Finance Act, 1991) by the deletion of "and" in paragraph (b) and by the insertion after paragraph (b) of the following paragraph -
"(bb) a limited partnership which -
(i) has as its principal business, as expressed in the partnership agreement establishing the limited partnership, the investment of its funds in property, and
(ii) has been authorised to carry on that business, under any enactment which provides for such authorisation, by the Central Bank of Ireland,
and where, in addition to being a collective investment undertaking, it is also a specified collective investment undertaking, and",
(ii) in paragraph (b) (as inserted by section 19 of the Finance Act, 1991) of the definition of "specified collective investment undertaking" by the substitution for "or by" of ", a company referred to in subsection