(1) THAT section 15 of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended in the following manner for the year of assessment 2011 and each subsequent year of assessment :

(a) by substituting "€23,800" for "€27,400" in subsection (3),

(b) by substituting "€32,800" for "€36,400" in column 1 of Part 1 of the Table to that section,

(c) by substituting "€36,800" for "€40,400" in column 1 of Part 2 of the Table to that section, and

(d) by substituting "€41,800" for "€45,400" in column 1 of Part 3 of the Table to that section.

(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).