41 Interpretation (Part 7).

[In this Part of these Regulations [“allowable contribution” means a contribution or a deduction]¹ payable by an employee and deductible by an employer from emoluments of the employee and which is —

(a) by virtue of section 471 of the Act, allowable as a deduction from such emoluments for the purposes of assessment under Schedule E.

(b) an ordinary annual contribution, or any other contribution treated by the Revenue Commissioners, as respects the year in which it is paid, as an ordinary annual contribution paid in that year, allowable by virtue of section 774 or 776 of the Act, as a deduction from such emoluments for the purposes of assessment under Schedule E, […]²

(c) by virtue of section 787C (inserted by the Pensions (Amendment) Act 2002) of the Act, to be deducted from or set off against the employee's relevant earnings (within the meaning of section 787B (as so inserted) of the Act) for the year of assessment in which it is [[paid]³]⁴]⁵

(d) [by virtue of section 787 of the Act, to be deducted from or set off against the employee's relevant earnings (within the meaning of section 783 of the Act) for the year of assessment in which it is [paid, or]⁶]⁷

(e) [by virtue of section 790C of the Act (inserted by section 16 of the Financial Emergency Measures in the Public Interest Act 2009) allowable as a deduction from such emoluments for the purposes of assessment under Schedule E.]⁸