(1) Section 79 of the Principal Act is amended -
(a) in subsection (3) -
(i) by substituting "ordinary share capital" for "issued share capital" in the first 2 places where it occurs, and
(ii) by substituting the following for paragraphs (a), (b) and (c):
"(a) references to company were references to body corporate, and
(b) references to companies were references to bodies corporate.",
(b) by inserting the following after subsection (3):
"(3A) For the purposes of subsection (3) 'ordinary share capital', in relation to a body corporate, means all the issued share capital (by whatever name called) of the body corporate, other than capital the holders of which have a right to a dividend at a fixed rate, but have no other right to share in the profits of the body corporate.",
and
(c) by inserting the following after subsection (8):
"(9) This section shall apply notwithstanding that a body corporate, referred to in this section, is incorporated outside the State, and such body corporate, co
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