Schedule 3, Part 10 Amendments of Taxes Consolidation Act 1997

1

Section 172A(1)(a), definition of "relevant distribution"

In subparagraph (i)(II), substitute "Commission," for "Commission, or".

2

Section 172A(1)(a), definition of "relevant distribution"

After subparagraph (i)(III), insert -

"(IV) the National Asset Management Agency, or a company referred to in section 616(1)(g), and".

3

After section 230A, insert -

"230AA. NAMA profits exempt from corporation tax.

Notwithstanding any provision of the Corporation Tax Acts, profits arising to the National Asset Management Agency shall be exempt from corporation tax.".

4

Section 246(3)

After paragraph (e), insert -

"(ea) interest paid to -

(i) the National Asset Management Agency or a company referred to in section 616(1)(g),

(ii) the State acting through the National Asset Management Agency or through a company referred to in section 616(1)(g), or

(iii) the National Treasury Management Agency by the National A