Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It is set out in section 21, which is the amendment to section 291A of Principal Act (intangible assets) where it states:

(1) Section 291A of the Principal Act is amended—

(a) in subsection (5), by inserting the following paragraph after paragraph (b):

“(c) Where the trade of a company consists wholly of the carrying on of relevant activities (within the meaning of paragraph (a)), then the trade shall, for the purposes of subsection (6), be treated as a relevant trade.”