(1) Part 30 of the Principal Act is amended by the insertion of the following Chapter after Chapter 2D:

"CHAPTER 2E Automatic Enrolment Retirement Savings System

787AE. Interpretation (Chapter 2E)

In this Chapter -

'Act of 2024' means the Automatic Enrolment Retirement Savings System Act 2024;

'AE provider scheme' has the same meaning as it has in the Act of 2024;

'Authority' means An tÚdarás Náisiúnta um Uathrollú Coigiltis Scoir;

'balance' has the same meaning as it has in Part 5 of the Act of 2024;

'contributing participant' has the same meaning as it has in the Act of 2024;

'contribution' has the same meaning as it has in the Act of 2024;

'emoluments' has the same meaning as it has in Chapter 4 of Part 42;

'employee' has the same meaning as it has in Chapter 4 of Part 42;

'employer' has the same meaning as it has in Chapter 4 of Part 42;

'employer contribution' has the same meaning as it has in the Act of 2024;

'investment management provider' has the same meaning as it has in the Act of 2024;

'participant' has the same meaning as it has in the Act of 2024;

'participant account', in relation to a participant, means the account maintained for the participant by the Authority under section 76 of the Act of 2024;

'participant contribution' has the same meaning as it has in the Act of 2024;

'personal representative' has the same meaning as it has in Part 5 of the Act of 2024;