Simon Harris (Wicklow, Fine Gael) | Oireachtas source

I move amendment No. 33:

In page 35, to delete lines 32 to 42, and in page 36, to delete lines 1 to 12 and substitute the following:“(3C) (a) Where—
(i) the provisions of subsection (2A) apply and a transfer amount has been applied, and
(ii) at the date the subsequent administrator receives the certificate referred to in subsection (3B) the non-member’s retirement
benefit under the transfer arrangement has crystallised and the non-member has exercised a relevant option under the transfer arrangement, then, where the subsequent administrator and the fund administrator are not the same person, the subsequent administrator
shall establish the identity of the fund administrator and, within 21 days from receipt of the certificate, forward a copy of the certificate (in this section referred to as the ‘copy certificate’) to the fund administrator.
(b) Where—
(i) the provisions of subsection (2A) apply and a transfer amount has been applied,
(ii) at the date of the benefit crystallisation event giving rise to the chargeable excess tax (in this paragraph referred to as the ‘event’) the non-member’s retirement benefit under the transfer arrangement has crystallised and the non-member has exercised a relevant option under the transfer arrangement, and
(iii) the alternative circumstance referred to in subsection (2A)(d)(ii) (II)(A) arises, then, where the administrator and the fund administrator are not the same person, the administrator shall establish the identity of the fund administrator and, within 21 days from the end of the month in which the event occurs, provide to the fund administrator the certificate referred to in subsection (3B).”.