18. Section 246(3) of the Taxes Consolidation Act 1997 is amended—

(a) in paragraph (g), by the deletion of “or”,

(b) in paragraph (h), by the substitution of “agency,” for “agency.”, and

(c) by the insertion of the following paragraphs after paragraph (h):

“(i) interest paid to Home Building Finance Ireland or a subsidiary wholly owned by it or a subsidiary wholly owned by any such subsidiary, or

(j) interest paid by Home Building Finance Ireland or a subsidiary wholly owned by it or a subsidiary wholly owned by any such subsidiary.”.