(1) THAT section 473 of the Taxes Consolidation Act 1997 (No. 39 of 1997), in relation to income tax allowance for rent paid by certain tenants, be amended—

(a) as respects the year of assessment 2011 and each subsequent year of assessment by substituting, in the definition of "specified limit" in subsection (1)—

(i) "€3,200" for "€4,000" and "€6,400" for "€8,000" in paragraph (a), and

(ii) "€1,600" for "€2,000" and "€3,200" for "€4,000" in paragraph (b),

(b) by inserting after the definition of "appropriate percentage"the following definition—

" 'new claimant' means any individual who is not entitled to relief under this section on 7 December 2010;",

and

(c) by inserting the following after subsection (10)—

"(11) The reduction in income tax provided for by subsection (2) shall not apply for any year of assessment in the case of an individual who is a new claimant.".

(2) 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).