1

Section 172A(1)(a)

In subparagraph (i) of the definition of "relevant distribution", insert the following clause after clause (IB):

"(IC) a relevant Fund investment vehicle (within the meaning of section 32 of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Act 2024) of which the Minister for Finance is the sole beneficial owner,".

2

Section 230

Insert the following subsection after subsection (1A):

"(1B) Notwithstanding any provision of the Corporation Tax Acts, profits arising to a relevant Fund investment vehicle (within the meaning of section 32 of the Future Ireland Fund and Infrastructure, Climate and Nature Fund Act 2024) of which the Minister for Finance is the sole beneficial owner shall be exempt from corporation tax.".

3

Section 246