48.—(1) The Act of 1995 is hereby amended—

(a) in section 5, by the substitution for subsection (5) of the following subsection:

(b) in section 6, by the substitution—

(i) in subsection (1) for “and the Agencies” of “IDA and Enterprise Ireland”,

(ii) in subsection (2), for “an Agency” of “IDA or Enterprise Ireland”,

(iii) in subsection (3)(b), for “the Agencies” of “IDA and Enterprise Ireland”, and

(iv) in subsection (5), for “the Agencies” of “IDA and Enterprise Ireland”,

and

(c) in section 9, by the substitution for “or the Agencies” of “, IDA or Enterprise Ireland”.

(2) This section shall come into operation on the establishment day.