(1) Chapter 1 of Part 2 of the Finance Act 2002 is amended -

(a) in section 64 by inserting the following definitions:

"'accounting period' means a period of 3 months beginning on the first day of January, April, July or October;

'aid' means aid granted in accordance with Commission Regulation (EU) No. 1407/2013;

'Commission Regulation (EU) No. 1407/2013' means Commission Regulation (EU) No. 1407/2013 of 18 December 2013 [OJ L352, 24.12.2013, p. 1] on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid;",

(b) by inserting the following section after section 68:

"68A.

(1) Subject to such conditions as the Revenue Commissioners may prescribe or otherwise impose, a person liable to betting duty under section 67 or betting intermediary duty under section 67B, or both, may be relieved of such duty provided -

(a) that person is licensed in accordance with section 7, 7B or 7C of the Betting Act 1931, and

(b) he or she holds a current tax clearance certificate issued under section 1094 of the Taxes Consolidation Act 1997,

and provided further that -

(i) without prejudice to paragraph (ii), the amount of such duty that he or she may be relieved of shall not exceed €50,000 in any calendar year, and