131. The Housing Finance Agency Act 1981 is amended—

(a) in section 1, by—

(i) the insertion of the following definition:

“‘Act of 2022’ means the Higher Education Authority Act 2022;”,

and

(ii) the substitution of the following definition for the definition of “institution of higher education”:

“‘institution of higher education’ means—

(a) a designated institution of higher education within the meaning of the Act of 2022 that is also a funded body within the meaning of that Act, and

(b) a higher education provider that is not a designated institution of higher education within the meaning of the Act of 2022 but is a funded body within the meaning of that Act whose primary income derives from funding provided to it by An tÚdarás um Ard-Oideachas under section 37 of the Act of 2022;”,

and

(b) in section 5, by the substitution of the following paragraph for paragraph (f):

“(f) an institution of higher education, to be used by it in respect of the provision or management of housing accommodation for students, including the acquisition of land by such an institution for that purpose and, other than in the case of an institution of higher education referred to in subparagraph (i) or (ii) of section 53(1)(a) of the Act of 2022, only with the prior consent in writing of the Minister for Further and Higher Education, Research, Innovation and Science,”.