(1)

(a) In this section -

"corporation tax" means the corporation tax charged by the Taxes Consolidation Act, 1997;

"Corporation Tax Acts" has the same meaning as in section 1 of the Taxes Consolidation Act, 1997;

"relevant interest" means any interest or other distribution which - (i) is received by a company (in this section referred to as "the lender") which is within the charge to corporation tax, (ii) is payable out of the assets of another company (in this subsection referred to as "the borrower") which is resident in the State for the purposes of corporation tax, in respect of a security of the borrower which is a security falling within subparagraph (ii), (iii)(I) or (v) of section 130(2)(d) of the Taxes Consolidation Act, 1997, and (iii) is a distribution for the purposes of the Corporation Tax Acts;