(1) THAT, as respects any payment or crediting of relevant interest (within the meaning of Chapter 4 of Part 8 of the Taxes Consolidation Act 1997 (No. 39 of 1997)) made on or after 8 April 2009, the definition of "appropriate tax" in section 256(1) of the Taxes Consolidation Act 1997 be amended -

(a) in paragraph (a), by substituting "25 per cent" for "23 per cent",

(b) by substituting the following for paragraph (b):

"(b) subject to paragraph (c), in the case of interest paid in respect of any other relevant deposit, at the rate of 25 per cent, and",

and

(c) by substituting the following for paragraph (c):

"(c) in the case of interest paid in respect of a relevant deposit, being a deposit made on or after 23 March 2000, other than interest which is--

(i) referred to in paragraph (a), or

(ii) payable annually or at more frequent intervals, or

(iii) specified interest within the meaning of section 260, at the rate of 28 per cent;".

(2) THAT as respects any dividend paid on or credited to a special share account or a special term share account (within the meaning of Chapter 5 of Part 8 of the Taxes Consolidation Act 1997), section 267B of the Taxes Consolidation Act 1997 be amended in respect of dividends paid or credited on or after 8 April 2009 -

(a) in subsection (2)(b), by substituting "25 per cent" for "23 per cent", and

(b) in subsection (3)(b), by substituting "25 per cent" for "23 per cent".

(3) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).