(1) Section 604B(1) of the Principal Act is amended, in paragraph (a) -

(a) by the substitution of the following definition for the definition of "agricultural land":

"'agricultural land' means -

(i) land in the State used for the purposes of farming, including land suitable for occupation as woodlands on a commercial basis, and

(ii) land in the State suitable for occupation as woodlands (other than on a commercial basis), used for the purpose of conservation,

but does not include buildings on the land;",

(b) by the insertion of the following definition:

"'conservation' has the same meaning as it has in European Communities (Birds and Natural Habitats) Regulations 2011 (S.I. No. 477 of 2011);",

and

(c) in the definition of "relevant period", by the substitution of "31 December 2029" for "31 December 2025".

(2) Paragraphs (a) and (b) of subsection (1) shall come into operation on such day as the Minister for Finance may, by order, appoint.

(3) Paragraph (c) of subsection (1) shall come into operation on such day as the Minister for Finance may, by order, appoint.