71Z1

(1)In relation to a regulated transaction or controlled transaction involving a Northern Ireland participant, section 71H(3) and paragraph 4(3) of Schedule 7A have effect as if the following were also authorised participants-
(a)an Irish citizen in relation to whom any prescribed conditions are met;
(b)a body which is of a prescribed description or category and in relation to which any prescribed conditions are met.
(2)A description or category of body must not be prescribed for the purposes of subsection (1)(b) unless the Secretary of State is satisfied that a body of that description or category would be entitled under Irish law to enter into a transaction which corresponds to a regulated or controlled transaction in relation to an Irish political party.