(1) THAT section 28(3) of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended by substituting "30 per cent" for "25 per cent" in respect of the disposal of assets made on or after 7 December 2011.

(2) THAT section 649A(1) of the Taxes Consolidation Act 1997 be amended by substituting the following for paragraph (b):

"(b) in the case of a relevant disposal made on or after 7 December 2011, 30 per

cent.".

(3) 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).