11. Amendment of Financial Emergency Measures in the Public Interest Act 2009.
With effect on and from 1 January 2014, section 2 of the Financial Emergency Measures in the Public Interest Act 2009 is amended -
(a) in paragraph (d) of subsection (3) by substituting "2014" for "2010",
(b) by substituting the following for Table D to subsection (3):
"Table D
|
Amount of Remuneration |
Rate of deduction |
|---|---|
|
Up to €15,000 |
Exempt |
|
Any excess over €15,000 but not over €20,000 |
2.5 per cent |
|
Any excess over €20,000 but not over €60,000 |
10 per cent |
|
Any amount over €60,000 |
10.5 per cent |
|
", |
(c) in subsection (3B) by substituting "2014" for "2012", and
(d) by substituting the following for the Table to subsection (3B):
"Table
|
Amount of Remuneration |
Rate of deduction |
|---|---|
|
Up to €15,000 |
Exempt |
|
Any excess over €15,000 but not over €20,000 |