(1) THAT section 790A of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended —

(a) with effect as on and from 1 January 2011, by inserting the following after subsection (3)—

"(4) Notwithstanding subsection (2), for the purposes of subsection (1) the earnings limit for the year of assessment 2011 shall be €115,000.",

and

(b) as respects the year of assessment 2010, by inserting the following after subsection (4) (inserted by this Resolution)—

"(5) Notwithstanding subsection (2), for the purposes of subsection (1) the earnings limit for the year of assessment 2010 shall be deemed to be €115,000 for the purpose of determining how much of a contribution or qualifying premium, as the case may be, paid by an employee or an individual in the year of assessment 2011, is to be treated by virtue of section 774(8), 776(3), 787(7) or 787C(3), as the case may be, as paid in the year of assessment 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).