(1) In this section, "non-commercial state-sponsored body" means a body specified in Schedule 4.
(2) For the purposes of this section, the Minister for Finance may by order amend Schedule 4 by the addition to that Schedule of any body or the deletion from that Schedule of any body standing specified.
(3) Where an order is proposed to be made under subsection (2), a draft of the order shall be laid before Dáil Éireann and the order shall not be made until a resolution approving of the draft has been passed by Dáil Éireann.
(4) Notwithstanding any provision of the Tax Acts other than the provisions (apart from section 261(c)) of Chapter 4 of Part 8, income arising to a non-commercial state-sponsored body -
(a) which but for this section would have been chargeable to tax under Case III, IV or V of Schedule D, and
(b) from the date that such body was incorporated under the Companies Act 2014 or a former enactment relating to companies within the meaning of section 5 of that Act, or wa
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