The Principal Act is amended, in section 31E -

(a) in subsection (1), by the insertion of the following definitions:

"'home reversion agreement' has the same meaning as it has in Part V of the Central Bank Act 1997;

'home reversion firm' has the same meaning as it has in Part V of the Central Bank Act 1997;",

(b) by the insertion of the following subsection after subsection (4):

"(4A) In this section, a reference to acquisition of a residential unit shall include a reference to acquisition of a partial estate or interest in a residential unit.",

(c) in subsection (5), by the substitution of "(in this subsection and subsections (6) and (7A) referred to as the 'first-mentioned person')" for "(in this subsection and subsection (6) referred to as the 'first-mentioned person')",

(d) by the substitution of the following subsection for subsection (7):

"(7) For the purposes of subsection (5), no account shall be taken of -

(a) a residential unit in an apartment block, or

(b) a residential unit acquired by a home reversion firm by way of a home reversion agreement.",

and