Financial Emergency Measures in the Public Interest Act 2013
Amendment of Financial Emergency Measures in the Public Interest Act 2009.
11.— With effect on and from 1 January 2014, section 2 of the Financial Emergency Measures in the Public Interest Act 2009 is amended—
(a) in paragraph (d) of subsection (3) by substituting “2014” for “2010”,
(b) by substituting the following for Table D to subsection (3):
“Table D
Amount of Remuneration |
Rate of deduction |
Up to€15,000 |
Exempt |
Any excess over €15,000 but not over €20,000 |
2.5 per cent |
Any excess over €20,000 but not over €60,000 |
10 per cent |
Any amount over €60,000 |
10.5 per cent |
”,
(c) in subsection (3B) by substituting “2014” for “2012”, and
(d) by substituting the following for the Table to subsection (3B):
“Table
Amount of Remuneration |
Rate of deduction |
Up to €15,000 |
Exempt |
Any excess over €15,000 but not over €20,000 |
2.5 per cent |
Any excess over €20,000 but not over €60,000 |
10 per cent |
Any amount over €60,000 |
10.5 per cent |
”.