(3) THAT, as respects an amount regarded as a distribution of a specified amount made on or after 31 December 2010, the formula in section 784A(1BA)(c) of the Taxes Consolidation Act 1997 (No. 39 of 1997) for determining the specified amount be amended by substituting "5" for "3".

(4) 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).