(a) In this section -
"intervening year", in relation to an individual, means any year of assessment falling within the period commencing with the first day of the year of assessment immediately following the year of his or her departure and ending with the last day of the year of assessment immediately preceding the year of his or her return;
"relevant assets", in relation to an individual, means shares in a company, or rights to acquire shares in a company, being shares or rights which he or she beneficially owned on the last day of the year of his or her departure and the market value of which on that day -
(i) is equal to, or exceeds, 5 per cent of the value of the issued share capital of the company, or
(ii) exceeds €500,000;
"year of departure", in relation to an individual, means the last year of assessment before the year of return, for which the individual is resident in the State, and references to year of his or her departure shall be construed accordingly;
"year of re
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