(1) THAT, as respects relief for new shares purchased on issue by employees, section 479 of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended by inserting the following after subsection (8):

"(9) The deduction authorised by subsection (2) shall not be made in respect of eligible shares where those shares are subscribed for on or after 8 December 2010.".

(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).